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Strategies & Market Trends : Telebras (TBH) & Brazil
TBH 0.896-0.9%Nov 21 9:30 AM EST
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To: md1derful who wrote (15245)5/12/1999 1:13:00 PM
From: wl9839  Read Replies (1) of 22640
 
Alcatel Brazil Unit Signs Supply Pact With Tele Norte Leste

Dow Jones Newswires

SAO PAULO -- Alcatel Telecomunicacoes SA, the Brazilian unit of French
telecommunications technology giant Alcatel SA (ALA), on Wednesday
announced it has signed a 31.5 million real ($1=BRR1.664) supply
contract with Brazil's Tele Norte Leste Participacoes SA (TNE).

In a written statement, Alcatel said it will supply backbone system for
Tele Norte Leste, better known by the brand name Telemar. The system
will be delivered by the middle of August and will link Telemar
telephone centers in 13 states, handling all transport of voice and
data.

Alcatel said the system will have the capacity to handle half a million
calls simultaneously.

"Our international know-how in the transmission segment will guarantee
that we can assume the entire management and maintenance of the network
and our capacity to integrate various technologies was decisive in
winning this contract," Alcatel president Jean Francoise Fille said in a
written statement.

Tele Norte Leste is one of three fixed-line companies created last year
in preparation for the privatization of former Brazilian
telecommunications holding Telecomunicacoes Brasileiras SA (TBR), or
Telebras. It serves Brazil's northern and eastern states, including the
heavily populated states of Rio de Janeiro and Minas Gerais.

Earlier this week, Tele Norte Leste announced a first quarter net profit
of BRR221.3 million, up from BRR141.8 million in the same period in
1998.

-By Kieran Gartlan; (5511) 813-1988; kgartlan@ap.org
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