| Business Summary | | Telemig
Celular
Participacoes
S.A.
is
a
cellular
holding
company
formed
by
the
breakup
of
Telecommunicacoes
Brasileiras
S.A.-Telebras
(Telebras)
by
the
federal
government
of
Brazil.
The
Company
provides
cellular
telecommunications
services
under
a
concession
from
the
federal
government
of
Brazil
in
a
region
that
includes
93%
of
the
municipalities
in
the
State
of
Minas
Gerais
and
approximately
89.3%
of
the
population
in
the
State.
Telemig
Celular
is
the
operating
subsidiary
of
the
Company.
The
Company
also
offers
additional
value-added
services
and
provides
more
secure
communication
channels.
The
Company's
value-added
services
include
voicemail,
call
forwarding,
call
waiting,
call
conferencing,
caller
line
identification
and
three-way
calling.
Telemig
also
sells
cellular
telephones
in
connection
with
the
provision
of
digital
cellular
telecommunications
service.
At
December
31,
2000,
the
Company
had
1,240,709
subscribers. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Telemig
Celular
Participacoes,
provides
cellular
telecommunications
services
under
a
concession
from
the
Federal
Government
in
a
region
of
the
municipalities
in
the
State
of
Minas
Gerais.
For
the
fiscal
year
ended
12/31/00,
revenues
rose
43%
to
CR$744.3
million.
Net
income
rose
91%
to
CR$26.3
million.
Results
reflect
the
growth
of
the
wireless
service
subscriber
base,
and
an
improved
profit
margin
due
to
lower
leased
line
costs. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | Gunnar Birger Vinof Vikberg | Pres,
CEO, Director | Joao Cox Neto | CFO
and Market Relations Exec. Officer | Rene Patoine | Exec.
VP of Operations | Joao Alberto Santos | Comptroller |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|