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Home > Company Index > Telecommunications > Diversified Telecom Service Providers > Telecomunicações de Minas Gerais S.A.

Telecomunicações de Minas Gerais S.A.
 PROFILE
Named for the Brazilian state it serves, Telecomunicações de Minas Gerais is one of 16 operating subsidiaries of holding company Tele Norte Leste (Telemar), which was formed in the breakup of Brazil's former telecommunications monopoly Telebrás. The company, formerly known as Telemig, does business as Telemar Minas. It provides local and intraregional long-distance phone services and data and fax transmission in the state of Minas Gerais. The Telemar holding company is controlled by a consortium led by Brazilian construction company Andrade Gutierrez.

 COMPETITION
BellSouth Corporation -- Latin America Group (dossier)
Embratel Participações S.A. (EMT)
France Telecom (FTE)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
1998 Sales (mil.): 1,074.80
1-Yr. Sales Growth: (16.6)%
Employees: 5,506
Revenue per employee: $195,205.23

 KEY PEOPLE
• Ivan Ribeiro de Oliveira
    CEO
• Aurelio Cristino Cabral de Andrade
    CFO

 CONTACT INFO
Avenida Alfonso Pena, 4001
30130-008 Belo Horizonte Minas Gerais, Brazil
Phone: 55-31-229-3001
Fax: 55-31-229-4086
Online: Web Site

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