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Wireless Federation (Free subscription) | 08/06/2008
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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Wireless Federation (Free subscription) | 08/04/2008
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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Wireless Federation (Free subscription) | 07/23/2008
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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Reuters UK (Free subscription) | 07/22/2008
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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Business Wire (Free subscription) | 07/21/2008
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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Wireless Federation (Free subscription) | 07/21/2008
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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cellular-news (Free subscription) | 07/19/2008
[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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Wireless Federation (Free subscription) | 07/18/2008
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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Reuters UK (Free subscription) | 07/16/2008
SAO PAULO, July 16 (Reuters) - Brazil's largest telecoms group Oi said on Wednesday it secured a 4.3 billion-real ($2.7 billion) loan to fund its takeover of rival Brasil Telecom .
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Wireless Federation (Free subscription) | 07/16/2008
A net revenue of US$ 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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PR News Wire (Free subscription) | 07/16/2008
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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Reuters UK (Free subscription) | 07/16/2008
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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ZD Net (Free subscription) | 07/11/2008
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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3wan.net (Free subscription) | 07/09/2008
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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Business Wire (Free subscription) | 07/07/2008
SUNNYVALE, Calif.--(BUSINESS WIRE)--Commtouch® (Nasdaq:CTCH) today released its second quarter 2008