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

To: Steve Fancy who wrote (7969)	9/14/1998 1:08:00 PM
From: Steve Fancy	Respond to of 22640

TABLE-Brazil Tele Sudeste Cel H1 net 115 mln reais Reuters, Monday, September 14, 1998 at 11:57 SAO PAULO, Sept 14 (Reuters) - Brazil's Tele Sudeste Celular Participacoes, one of the 12 holding companies carved out of telephone monopoly Telebras (SAO:TELB4) for privatization, posted the following first half financial results. H1 1998 H1 1997 Net profit 115.148 mln n/a Oper profit 124.125 mln n/a Net worth 899.950 bln n/a NOTE: All figures in Brazilian reais and not adjusted for inflation. Spain's Telefnica (MADRID:TEF) bought Tele Sudeste Celular Participacoes as part of the July 29 privatization of Telebras. The company is expected to be listed and begin trading on September 21. No year-earlier results were available. shasta.darlington@reuters.com)) Copyright 1998, Reuters News Service

To: Steve Fancy who wrote (7969)	9/14/1998 1:09:00 PM
From: Steve Fancy	Respond to of 22640

TABLE-Brazil's Tele Norte Cel H1 net 23 mln reais Reuters, Monday, September 14, 1998 at 11:58 SAO PAULO, Sept 14 (Reuters) - Brazil's Tele Norte Celular Participacoes, one of the 12 holding companies carved out of telephone monopoly Telebras (SAO:TELB4) for privatization, posted the following first half financial results. H1 1998 H1 1997 Net profit 23.414 mln n/a Oper profit 23.553 mln n/a Net worth 171.303 bln n/a NOTE: All figures in Brazilian reais and not adjusted for inflation. A group led by Canada's Telesystem International Wireless (TSE:TIW) bought Tele Norte Celular Participacoes as part of the July 29 privatization of Telebras. The company is expected to be listed and begin trading on September 21. No comparative figures were released. shasta.darlington@reuters.com)) Copyright 1998, Reuters News Service

To: Steve Fancy who wrote (7969)	9/14/1998 1:11:00 PM
From: Steve Fancy	Respond to of 22640

TABLE-Brazil Tele Nordeste Cel H1 net 49 mln reais Reuters, Monday, September 14, 1998 at 11:58 SAO PAULO, Sept 14 (Reuters) - Brazil's Tele Nordeste Celular Participacoes, one of the 12 holding companies created out of telephone monopoly Telebras (SAO:TELB4) for privatization, posted the following first half financial results. H1 1998 H1 1997 Net profit 49.113 mln n/a Oper profit 49.572 mln n/a Net worth 328.102 bln n/a NOTE: All figures in Brazilian reais and not adjusted for inflation. Copyright 1998, Reuters News Service

To: Steve Fancy who wrote (7969)	9/14/1998 1:11:00 PM
From: Steve Fancy	Respond to of 22640

TABLE-Brazil's Tele Leste Cel H1 net 23 mln Reuters, Monday, September 14, 1998 at 11:58 A group led by Spain's Iberdrola (MADRID:IBE) bought Tele Leste Celular Participacoes as part of the July 29 privatization of Telebras. The company is expected to be listed and begin trading on September 21. No year-earlier results were available. shasta.darlington@reuters.com)) Copyright 1998, Reuters News Service