SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Nortel Networks (NT)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Kenneth E. Phillipps who wrote (2496)4/23/1999 10:40:00 PM
From: Stocker  Read Replies (2) of 14638
 
This deal will be interesting for BCI/NTL. In fact, BCI is already building a cable network (all fiber) in and around Sao Paulo. They currently offer cable service there and I believe they also had plans to lease network space to some of the local phone companies. It may be possible for them to use some or all of their existing network to offer phone access as well. A new fiber network like the one they have in place is a valuable asset in a country like Brazil, but it could also mean that there won't as much in the way new equipment purchases from NTL. Still, US$ 1 billion does mean a lot capital spending. Not sure how much of the network BCI has already built. This could be a huge thing for them though. They could sell cable and telephone over the same lines. I understand their cable service has taken off so far. People in Sao Paulo are used to really poor service from the previous carriers, both cable and phone. I'm in Venezuela and it's much the same here. The wait for a new hookup is sometimes more than a year, even for businesses. If you really want one sooner though, you can always bribe one of the contractors (sometimes $1000). Companies like BCI should be able come in and kick @#$ given the environment. That should continue to mean a lot of network business for companies like NTL in coming years.

By the way, I expect BCI to bid for a licence in Venezuela too when the monopoly ends in a few months. They would have 4-6 million potential customers in Caracas alone. Maybe some more network business for NTL????
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News