Brasil Telecom
 |
|
| Sociedade Anônima | |
| Traded as |
BM&F Bovespa: BRTO3,BRTO4 NYSE: BTM |
| Industry | Telecommunications |
| Founded | 1998 |
| Defunct | January 9, 2009 |
| Headquarters | Brasília, DF, Brazil |
|
Key people
|
Ricardo Knoepfelmacher, (CEO) Marco Schroeder, (CFO) Jose Claudio Gonçalves, (COO) Martin Herrera, (CLO/CPO) Suzana Santos, (CMO/CCO) |
| Products | Fixed line and mobile telephony, internet services, digital television |
| Revenue |
 US$6.5 billion (2010) |
 US$1.2 billion (2010) |
|
|
Number of employees
|
20,451 |
| Parent | Oi |
| Subsidiaries | Internet Group |
| Website | www.brasiltelecom.com.br |
Brasil Telecom S.A. (BrT, Portuguese pronunciation: [bɾɐˈziw te̞le̞ˈkõː]) was a major Brazilian telecommunications company headquartered in the Brazilian capital Brasilia. The company is one of three land lines, one long distance and eight mobile telephone companies in Brazil that emerged from the break-up of Telebrás. Originally the company was called Tele Centro Sul, because its service covered the states in the central and southern parts of Brasil, namely Acre, Rondônia, Goiás, , Mato Grosso, Mato Grosso do Sul, Paraná, Santa Catarina and Rio Grande do Sul, as well as the Distrito Federal. Since January 9, 2009, the company is a subsidiary of Oi.
The Brazilian investment bank Opportunity, which managed funds that had Citigroup and some Brazilian pension funds as investors, alongside Telecom Italia, paid 2.07 billion reais in June 1998 to buy Tele Centro Sul from the Brazilian government as part of the privatization process of Telebrás. After some legal wrangling, the company is now controlled by Citigroup and the Brazilian pension funds, who removed Opportunity from the management of their respective funds and took control of the company in 2005. BrT started up a wireless service in 2004.
Brasil Telecom's stock is traded on BM&F Bovespa, where it is part of the Ibovespa index, as well as on the .
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Wikipedia