| Business Summary | | Globo
Cabo,
S.
A.
is
a
cable
television
operator
in
Brazil,
operating
under
the
brand
name
NET
in
the
major
Brazilian
cities,
including
operations
in
Brazil's
three
largest
cities,
São
Paulo,
Rio
de
Janeiro
and
Belo
Horizonte.
The
Company
also
offers
Broadband
Internet
services
under
the
brand
name
Virtua
and
data
communication
and
multimedia
services
for
corporate
networks
through
VICOM.
With
close
to
1.5
million
connected
subscribers,
Globo
Cabo's
NET
cable
network
extends
over
34,000
kilometers
and
passes
through
approximately
six
million
homes. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Globo
Cabo
S.A.
is
a
cable
television
multiple
system
operator
in
Brazil.
The
Company
has
ownership
interests
in
18
cable
television
systems
and
one
multichannel
multipoint
distribution
system.
For
the
three
months
ended
3/31/01,
revenues
increased
2%
to
$139.6
million.
Net
loss
totalled
$112.3
million,
up
from
$39.6
million.
Results
reflect
increased
subscription
sales
and
the
inclusion
of
Virtua
revenues,
offset
by
increased
currency
exchange
losses. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | Roberto Marinho | Chairman | Moyses Pluciennik | CEO,
Director | Leonardo Pereira | CFO | Marco Ferreira | COO
(Pay TV and Broadband Division) |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|