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Strategies & Market Trends : Telebras (TBH) & Brazil
TBH 0.507+0.4%Jan 6 3:59 PM EST

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To: Steve Fancy who wrote (701)1/13/1998 4:34:00 PM
From: Steve Fancy   of 22640
 
Brazil rejects BCE Sao Paulo state cellphone bid

SAO PAULO, Jan 13 (Reuters) - The Communications Ministry said Tuesday a Canadian-led group bid 1.206 billion reais ($1.07 billion) for a disputed cellular phone concession in Brazil but the offer was not high enough to win the license.

biz.yahoo.com
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