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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 174.69

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Dec 24 12:59 PM EST

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To: Jim Willie CB who wrote (51027)	11/19/1999 9:51:00 AM
From: Ruffian	Read Replies (1) of 152472

Bell Canada-Vesper> Bell Canada to Invest $3 Bln in Brazil Over Next Three Years Bell Canada to Invest $3 Bln in Brazil Over Next Three Years Sao Paulo, Nov. 19 (Bloomberg) -- Bell Canada International plans to invest $3 billion in Brazil over the next three years as it boosts its commitment to the country's telecommunications market, Gazeta Mercantil reported. BCI chief executive officer Michael Sabia said the company is focusing on Vesper, the phone company it formed to compete starting next month in fixed-line phone service in Sao Paulo, Brazil's wealthiest state, and in eastern Brazil, including Rio de Janeiro. Sabia paid a visit to Brazilian Communications Minister Pimenta da Veiga and Development Minister Alcides Tapias on his first international trip since taking over as BCI's CEO Oct. 1, the paper said. Previously, the company had said it was planning to invest a total of $2 billion in its Brazilian operations.

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