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Strategies & Market Trends : Telebras (TBH) & Brazil
TBH 0.505+15.5%3:59 PM EST

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To: MGV who wrote (7395)9/2/1998 8:03:00 PM
From: Steve Fancy   of 22640
 
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
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