Telebras (TBH) & Brazil Message Board

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Strategies & Market Trends : Telebras (TBH) & Brazil

TBH 0.545

+1.9%

3:59 PM EST

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To: jayray who wrote (9677)	11/13/1998 2:08:00 PM
From: Steve Fancy	of 22640

TABLE-Brazil Tele Centro Sul posts 9-mo net profit Reuters, Friday, November 13, 1998 at 09:32 SAO PAULO, Nov 13 (Reuters) - Brazil's Tele Centro Sul Participacoes, one of the 12 holding companies carved out of telephone monopoly Telebras for privatization last July, posted the following financial results between January and September. 9-mo 1998 9-mo 1997 Net profit 331.485 mln n/a Oper profit 354.351 mln n/a Net worth 5.121 bln n/a NOTE: All figures in Brazilian reais and not adjusted for inflation. A group including Telecom Italia (MILAN:TIT) and Brazil's Opportunity bank bought Tele Centro Sul Participacoes as part of the July 29 privatization of Telebras. Shares began trading in Brazil in September and Telebras ADRs are slated to be replaced by ADRs in the 12 holding companies on Nov. 16. No comparative figures were released. shasta.darlington@reuters.com)) Copyright 1998, Reuters News Service

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