Synopsis
Archived report: this report was archived in August 2005 and was last updated in October 2004. Tele Norte Leste, the holding company for the Telemar group, trades on the São Paulo Stock Exchange and NYSE, and is controlled by a group of Brazilian investors. The main operator, Telemar Norte Leste, is the incumbent fixed-line provider for Region 1 (northern, north-eastern and south-eastern Brazil). Telemar is the largest telecom operator in the country in terms of turnover and number of installed lines, covering around 65% of the territory and over half the population. Telemar also provides nationwide domestic and international long-distance telephony since July 2002, as well as mobile and Internet services through its subsidiaries Oi and Pegaso.