BellSouth has 535,000 Brazilian cellular customers
Reuters, Wednesday, September 02, 1998 at 18:52
NEW YORK, Sept 2 (Reuters) - BellSouth Corp (NYSE:BLS) said its Brazilian cellular phone business gained 535,000 customers after only four months and has 550,000 additional people on a waiting list in Sao Paulo. BellSouth and its partners in May launched BCP Telecomunicacoes, which now operates in Sao Paulo, the world's third largest city, as well as a six-state region of northeastern Brazil. "The explosive demand we are witnessing confirms and exceeds our expectations for the Brazilian market. And, as our waiting list demonstrates, that demand shows no signs of slowing," said Charles Miller, President of BellSouth International. BCP serves a total population of over 44 million. BellSouth's Brazilian partners in BCP include Grupo Safra; OESP, a publishing and media group; RBS, a media group; Splice, a telecommunications equipment manufacturer and BSB, an industrial and financial company. BellSouth, the Atlanta-based regional Bell operating company, has operations in nine countries throughout Latin America, including Argentina, Brazil, Chile, Peru and Venezuela. BellSouth and its partners have more than 2.4 million total customers throughout Latin America.
Copyright 1998, Reuters News Service |