Telebras (TBH) & Brazil Message Board

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Strategies & Market Trends : Telebras (TBH) & Brazil

TBH 0.750

-14.5%

Dec 5 9:30 AM EST

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To: Steve Fancy who wrote (987)	2/10/1998 2:00:00 PM
From: Steve Fancy	Read Replies (4) of 22640

Brazil's Telebras (SAO:TEL_.P) to cut line fee on Wed Reuters, Tuesday, February 10, 1998 at 13:50 BRASILIA, Feb 10 (Reuters) - Brazil's Telebras (NYSE:TBR), the federal telecommunications holding company set to be privatized later this year, said on Tuesday a sharp reduction in fees charged for installing fixed-line telephones would take effect on Wednesday. The cut, announced last month by Communications Minister Sergio Motta, will lower the installation charge to 50 reais ($44.44) from a current 80 reais.

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