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

To: Steve Fancy who wrote (1626)	4/13/1998 7:40:00 PM
From: Steve Fancy	Respond to of 22640

Brazil shares end firmer, aided by telecom news SAO PAULO, April 13 (Reuters) - Brazil shares ended firmer Monday after the government named two officials to oversee the telecommunications privatization drive while Communications Minister Sergio Motta remained in hospital, brokers said. biz.yahoo.com

To: Steve Fancy who wrote (1626)	4/13/1998 7:43:00 PM
From: Steve Fancy	Read Replies (2) \| Respond to of 22640

Telet group seen winning Brazil cellphone area SAO PAULO, April 13 (Reuters) - A group including BCE Inc's (BCE.TO - news) Bell Canada was a shoo-in to win on Tuesday a license to operate cellular phone services in Brazil's southernmost state of Rio Grande do Sul, analysts said. <snip> Telet is expected to place an offer 50 percent above the 330 million real ($292 million) base price -- even though it basically has the sale sewn up. Its bid was made a year ago and renewed before its rival became disqualified -- and therefore is artificially high. ''I have heard their bid was around 500 million reais,'' said a telecoms analyst at a foreign investment bank in Brazil. <snip> biz.yahoo.com