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To: LFISKY who wrote (2772)	5/19/1998 5:47:00 PM
From: Archie Goodwin	Respond to of 9096

F.Y.I. (COMTEX) Sprint, France Telecom, others eyeing Brazil's Telebras priv Sprint, France Telecom, others eyeing Brazil's Telebras privatization BRASILIA, May 19 (AFP) - US-based Sprint Corp. applied Tuesday for access to the data rooms of the 12 holding companies that make up Brazil's Telebras telecom giant, to be fully privatized July 15, Communications Minister Luis Carlos Mendonca de Barros said. France Telecom, Telecom Italia SpA, MCI Communications Corp, Portugal Telecom, Telefonica de Espana SA and the Brazilian company Lightel have already gained access to the data rooms. The companies will formalize their interest after reviewing details on eight holding companies for mobile telephony, three for fixed telephony, and Embratel, a specialist in long distance telephony. The information will remain available until June 6, one week after the offer of the sale of Telebras is published on May 29. The minister said that the number of interested parties surpassed initial expectations. And Mendonca de Barros said rights to provide local and long-distance service would go on sale "before the end of the year," with a call for bids to be released a day after Telebras is privatized. Brazil's telephone system, which has some 15 million lines throughout the country, once privatized should offer 40 million lines in 2000 and 50 million by 2005, according to government figures. nho/ok/rl * end of story * Brian $^)