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8 Brazilian operators team up to develop IM services (Brazil)

Eight Brazilian mobile operators, Vivo, TIM Brasil, Claro, Oi, Brasil Telecom, Sercomtel, Nextel, and CTBC Telecom Celular, are reportedly functioning together to develop and launch IM services nationwide. Under the service the subscribers can exchange messages with users on each other’s network. Wireless Mobile Telecom Wireless News

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Oi to raise $1.92 billion for Brasil Telecom takeover (Brazil)

Oi Participacoes, Brazil, has announced it’s plans to raise $1.92 billion by the end of October in order to complete it’s financial plan to take over Brasil Telecom. According to Chief Financial Officer Jose Luis Salazar, Oi has already raised 65% of 12 reais it needs for the purchase. For the purchase of Brasil Telecom, Oi total [...]

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Oi purchases USD599 million worth preffered shares in BrT (Brazil)

Oi, the Brazilian telecoms group, has purchased USD599 million (BRL948 million) worth of preferred shares in fixed line counterpart Brasil Teelcom (BrT) and its parent, Brasil Telecom Participacos, via a public tender offer. In a stock market filing, Oi paid USD19.27 (BRL 30.47) per share for 20.8 million shares in the parent company and USD14.81 (BRL23.42) per share for [...]

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Oi buys 947 mln reais in Brasil Telecom shares

SAO PAULO, July 22 (Reuters) - Brazil's Oi Participacoes bought 947 million reais ($599 million) worth of preferential shares in Brasil Telecom as part of its takeover of the No. 3 telecommunications player, the BM&F Bovespa stock exchange said on Tuesday.

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Zacks Analyst Blog Highlights: Texas Capital Bancshares, Inc, Human Genome Sciences, Inc., Brasil Telecom, Evergreen Solar Inc. and Comerica Inc.

CHICAGO--(BUSINESS WIRE)--Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting

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Oi to raise $1.89 billion to complete its takeover of Brasil Telecom (Brazil)

To complete Brasil Telecom deal, leading Brazilian phone company Tele Norte Leste Participacoes, or Oi is looking to raise an additional $1.89 billion. According to Oi spokesperson the company plans to raise the funds through an overseas bond issue, bank loans or through deals with multilateral lending organizations. The company expects to complete the financing by [...]

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Brazil Telemar to Raise BRL3B to Complete Brasil Telecom Deal

[CN+] Leading Brazilian phone company Tele Norte Leste Participacoes, or Oi, said late Friday that it was looking at raising an additional 3 billion Brazilian reals ($1.89 billion) to complete its takeover of Brasil Telecom Participacoes.

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Vivo leads the market share with 30.36 percent this june (Brazil)

Brazil Telephony Market is lead by Vivo with 30.36 percent,down on the 30.45 percent registerd in May’08. The latest data published by Anatel shows that TIM is still second with a 25.4 percent share (25.6 in May), followed by Claro with 24.87 percent (24.75 in May), Oi with 15.25 and Brasil Telecom with 3.77 percent. [...]

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Telemar secures 4.3 bln reais loan for takeover

SAO PAULO, July 16 (Reuters) - Brazil's largest telecoms group Oi said on Wednesday it secured a 4.3 billion-real ($2.7 billion) loan to fund its takeover of rival Brasil Telecom .

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Brasil Telecom earns a revenue of US$ 1.75 Billion, up by 2.9% in Q2 (Brazil)

A net revenue of US$ 1.75Billion (BRL 2.8Billion) in the second Quater was reported by the Brasil Telecom, up by 2.9% from a year earlier. The net income rose from US$ 112.6million (BRL 179.5 million) to US$ 159.6million (BRL 254.4 million), a jump of nearly US$ 47million (BRL 74.9 million), equivalent to US$ 0.44 (BRL [...]

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Brasil Telecom Announces Net Revenue of R$ 2.8 Billion in the 2Q08, a Growth of 2.9% in Comparison With the Previous Year

BRASILIA, Brazil, July 15 /PRNewswire-FirstCall/ -- Brasil Telecom Participacoes S.A. (BOVESPA: BRTP3/BRTP4; NYSE: BRP) registered consolidated net revenue of R$2,823.3 million in the 2Q08, 2.9% up on the 2Q07. Consolidated net income came to R$ 254.4 million, 74.9% higher than in the 2Q07 and equivalent to R$ 0.7019 per share. EBITDA reached R$1,131.9 million in the 2Q08, 16.4% up on the 2Q07. EBITDA...

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UPDATE 1-Brasil Telecom 2nd-qtr profit rises on cost cuts

BRASILIA, July 15 (Reuters) - Brasil Telecom Participacoes reported on Tuesday a second-quarter net profit of 254.4 million reais ($160.2 million), up from 145.5 million reais in the year-earlier period.

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Verizon, Telecom Italia, and Brasil Telecom top the botnet charts in Q2 of 2008

When was the last time you heard something in the lines of "We do our best to protect our customers from the threats posed by..." ? In reality though, the statement should end up like "protect our customers from the threats posed by the rest of our customers". China may...

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Zombie computers on the Internet

Verizon, Telecom Italia, and Brasil Telecom Top the Zombie Charts in Commtouch Second Quarter Trend Report see also Commtouch Q2 2008 Email Threats Trend Report Commtouch® today released its second quarter 2008 Email Threats Trend Report, based on the automated analysis of billions of email messages weekly. The report examines recent trends in email threats, especially the role of millions of dynamic...

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