Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Strategies & Market Trends : Telebras (TBH) & Brazil -- Ignore unavailable to you. Want to Upgrade?

To: Doug Chin who wrote (1244)	3/19/1998 11:44:00 AM
From: mbjr	Read Replies (1) \| Respond to of 22640

Tony: As a former TBR employee, let me try to put this in perspective.Things in Brazil are changed quite a bit, with the stable currency. However, cost of living is rapidly approaching that of the U.S. (It actually surpasses it in places like Sao Paulo and Rio). Thus the wage figures. Well, that is good news for the average TBR holder like myself, since it brings telecom goodies within the reach of many middle-class brazilians. Given the supressed demand, this means a tremendous potentail for the telecoms. BTW, after the split, I would bet on Telesp (Sao Paulo), Telerj(Rio), TeleMig, and possibly Telepar as candidates to hold. regards Mauricio "I don't know what the average salary is in the US, but this is approximately Can$36,800 which is only a couple thousand off the average Canadian income, and I bet they pay much less in taxes than we do and their cost of living is less. So the average TBR employee is probably better off financially than the average Canadian...not bad for a developing country..