| Business Summary | | Tele
Sudeste
Celular
(Tele
Sudeste)
is
one
of
the
companies
formed
as
a
result
of
the
break
up
of
Telecomunicacoes
Brasileiras
S.A.
Tele
Sudeste
provides
cellular
telecommunication
services
in
the
Brazilian
states
of
Rio
de
Janeiro
and
Espirito
Santo
under
concessions
from
Brazil's
federal
government.
Tele
Sudeste
is
a
holding
company
that
operates
through
the
following
two
subsidiaries:
Telerj
Celular
S.A.
and
Telest
Celular
S.A.
Tele
Sudeste
is
the
leading
provider
of
cellular
telecommunications
services
in
its
region.
At
December
31,
1999,
Tele
Sudeste
had
approximately
1,852,000
subscribers.
Tele
Sudeste's
principal
lines
of
business
include:
wireless
or
cellular
telephone
services;
network
services;
and
sale
of
cellular
telephone
sets. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Tele
Sudeste
Celular
and
its
subsidiaries,
provide
cellular
telecommunication
services
in
the
Brazilian
States
of
Rio
de
Janeiro
and
Espirito
Santo.
For
the
fiscal
year
ended
12/31/00,
revenues
rose
3%
to
R$1.53
billion.
Net
income
totaled
R$121.9
million,
up
from
R$43
million.
Revenues
reflect
increased
number
of
customers.
Earnings
benefitted
from
the
efforts
made
by
the
Company
to
reduce
costs,
which
was
proportionally
much
greater
than
the
increases
in
revenues. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | Fernando Ferreira, 50 | Chairman,
Pres and Interim VP, Fin., Control and Resources | Jonas De Oliveira Junior, 50 | VP,
Regulatory Matters and Interim VP, Corp. Planning |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|