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Strategies & Market Trends : Telebras (TBH) & Brazil
TBH 0.956-0.1%Nov 25 3:59 PM EST

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To: Steve Fancy who wrote (6635)8/13/1998 3:21:00 PM
From: Steve Fancy  Read Replies (1) of 22640
 
Spain's Telefonica Names Ferreira Chmn
Of Telesp

Dow Jones Newswires

MADRID -- Telecommunications giant Telefonica SA (TEF) said late
Thursday that it has named Fernando Xavier Ferreira as chairman of both
Telesp and one of its Brazilian cell-phone operating companies Telerj.

In the recent break-up of Brazilian telecoms giant Telebras, the Spanish
company outbid rivals to gain control of fixed-line company Telesp and the
owner of Telerj, called Tele Sudeste Celular.

Ferreira, who was born in 1949, was chairman of Telebras from 1995,
Telefonica said in a press release.

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