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Strategies & Market Trends : Telebras (TBH) & Brazil
TBH 0.535+2.8%Jan 8 3:58 PM EST

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To: md1derful who wrote (7492)9/4/1998 1:26:00 PM
From: Steve Fancy   of 22640
 
Brazil's Anatel Postpones Telecom Cos Bid
Rules To Sep 8

Dow Jones Newswires

BRASILIA -- Brazil's National Telecommunications Agency, known as
Anatel, said Friday it has postponed to Sept. 8 publication of tenders for
competing telecommunications companies' concessions.

The publication of the bidding rules was originally scheduled for Sept. 3, but
was then postponed to Friday before being postponed a second time.

Anatel said the delay is related to some last-minute changes in competition
rules which will be included in the sale prospectus.

The concessions, known as "mirrors", will compete with each of the three
fixed-line units and the long-distance and international carrier which were
privatized during the sale of Telecomunicacoes Brasileiras SA, known as
Telebras, on July 29.

-By William Vanvolsem; (5561) 244 3095; wvanvolsem@ap.org

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