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

To: Steve Fancy who wrote (9024)	10/15/1998 11:46:00 PM
From: Steve Fancy	Respond to of 22640

Brazil appetite for cellphones still seen strong Reuters, Thursday, October 15, 1998 at 22:02 SAO PAULO, Oct 15 (Reuters) - Not even the threat of a nationwide recession has dulled Brazilians' appetite for cellular phones, according to a new phone company led by BellSouth Corp. (NYSE:BLS). BCP Telecomunicacoes consortium has signed up a "record 600,000 clients" in Sao Paulo in less than five months and could double its client base with a new subscription campaign, directors said on Thursday. "We are not feeling a drop in demand," said Roberto Peon, president of BCP Telecomunicacoes consortium. "Actually, we think demand is going to keep growing and we're prepared to register up to 10,000 new clients a day." BCP, formed by BellSouth, Brazilian banking group Safra, publishing and media group OESP, media company RBS, and telecom equipment manufacturer Splice, bought the Sao Paulo cellular services concession last year for 2.6 billion reais. Since then, financial turmoil in Asia and then Russia have slammed the brakes on Brazil's economic growth. With the prospect of a recession looming on the horizon, markets have crashed, with stocks losing more than half their value and the country's currency has come under pressure as investors flee the country. But BCP, at least, is unfazed. "BCP is an example of the success of Brazil's privatization process," Peon said at a press conference to announce the company's new marketing plan. With 600,000 clients signed up in five months, BCP is on the path to beat South Korea's record of 1.2 million in one year, he said. "They've met their goals and maintained healthy profitability," said Carlos Constantini, a telecom analyst at BBA Paribas. "Sao Paulo had very high repressed demand that exceeded any financial crisis." As of Friday, BCP plans to sell cellular phones and headsets directly to the public at 160 locations instead of relying on traditional waiting lists. BCP has capacity to sell up to 800,000 more, Peon said. It may be a bit harder to come by new clients in the future, however, analysts said. BCP's new advertising campaign could actually be a sign of the heavier competition to come amid slimmer demand. "An extended crisis could effect demand and BCP is perhaps spending a little more on advertising in light of that," said Sergio Missima, a telecom analyst at Banco Fator. With repressed demand at least partly met and Telesp Celular Participacoes (SAO:TSPC6), the competing cellular company that was privatized in July, gearing up for competition under new owners, the crisis could have an even bigger impact on new phone companies in Brazil, analysts said. "Cellular phones are still considered something of a luxury and more vulnerable in an economic recession," Paribas' Constantini said. "Growth perspectives could shrink." But BCP isn't worried. "Penetration is still very low," Peon said. "We expect our piece of the pie, and the pie itself, to just keep growing." shasta.darlington@reuters.com)) Copyright 1998, Reuters News Service

To: Steve Fancy who wrote (9024)	10/15/1998 11:52:00 PM
From: Steve Fancy	Respond to of 22640

Brazil Officials To Travel To U.S. Fri For IMF Mtgs -Govt Dow Jones Newswires BRASILIA -- Three top Brazilian officials will travel to Washington Friday for weekend meetings with the International Monetary Fund, government press offices said late Thursday. Finance Ministry executive secretary Pedro Parente, ministry economic policy director Amaury Bier and Central Bank economic department head Altamir Lopes will meet IMF officials to discuss mechanisms of possible financial assistance from the fund. Presidential spokesman Sergio Amaral said that the Brazilian delegation won't present the government's much-anticipated fiscal austrity plans during the IMF meetings. A Finance Ministry spokesman said that the three officials are expected to return to Brazil Monday or Tuesday. Brazilian officials have hinted in recent days that the promissed fiscal adjustment measures could be unveiled as early as next week. Market sources have said, however, that the announcement is unlikely before state gubernetorial races are decided Oct. 25. -By William Vanvolsem and Stephen Wisnefski;(5511) 813-1988

To: Steve Fancy who wrote (9024)	10/15/1998 11:53:00 PM
From: Steve Fancy	Respond to of 22640

Brazilian Retailers Fear Worst Christmas In Years Dow Jones Newswires SAO PAULO (AP)--With the soon-to-come economic austerity measures expected to spell recession and more unemployment, retailers in South America's biggest city are bracing themselves for what they say will be the worst Christmas season in years. "It is definitely going to be the worst Christmas since the Real Plan," said Elvio Aliprandi, president of the Sao Paulo Chamber of Commerce. He was referring to the economic stabilization plan introduced four years ago. He said that during the last two months of the year, sales were expected to drop almost 10% compared with the same period in 1997. "It is almost certain that higher taxes will be part of the fiscal austerity measures to be announced," Aliprandi said. "This means less money in the consumer's pocket." Making matters worse, Aliprandi said, is the fact that many retailers will have to lower prices "to avoid inventory costs and generate sufficient cash flow to stay in business." Brazil is currently on center stage of the global economic crisis marked by loss of investor confidence and strong outflow of capital. The country's foreign reserves have fallen below $50 billion from the $70 billion posted at the end of July. In an effort to prevent a collapse of the real and stem capital flight, interest rates were raised to 50% a year. To curb the country's ballooning budget deficit - equal to about 7% of gross domestic product - recently re-elected President Fernando Henrique Cardoso promised spending cuts and possibly more taxes. The new austerity measures are expected to be ready by Oct. 20. With more than 50% of retail sales made on installment plans, high interest rates will continue scaring off consumers even after the holiday season, said Marcel Solimeo, the chamber of commerce's chief economist. "Fear over an uncertain future will also keep buyers away from stores," Solimeo added. More taxes, he warned, could be counterproductive. "They will reduce the country's economic output and as a consequence the government's tax revenue will drop," Solimeo said.

To: Steve Fancy who wrote (9024)	10/15/1998 11:56:00 PM
From: Steve Fancy	Respond to of 22640

Brazil Will Announce Fiscal Measures Only After Oct 20 Dow Jones Newswires BRASILIA -- The fiscal austerity program now being worked out by the government's economic team will be announced only after Oct. 20, presidential spokesman Sergio Amaral said Thursday. Over the past few days government officials - including Planning and Budget Minister Paulo Paiva - had indicated the measures were to be announced next Tuesday and presented to Congress on Oct 26. Last Tuesday Amaral said the fiscal adjustment plan will "possibly be announced by Finance Minister Pedro Malan, around Oct. 20". Amaral told reporters at his daily press briefing Thursday that the three-year fiscal program will be handed to President Fernando Henrique Cardoso by his economic advisors next Tuesday and be made public "at a later date". "The president will then need time to study and evaluate the plan before sending it to Congress," Amaral said. The spokesman added that no date has been set for the public announcement of the measures, nor for its presentation to Congress for approval. Cardoso said in a televised address last week that his economic advisory team will present a multi-year fiscal plan for his review by Oct. 20. The fiscal clampdown is a requirement to receive eventual funding from the International Monetary Fund (IMF) and other international lenders following the collapse of investor confidence in Brazil and investors fleeing the country after Russia's debt default in August. -By William Vanvolsem; (5561) 244 3095; wvanvolsem@ap.org Retu

To: Steve Fancy who wrote (9024)	10/15/1998 11:57:00 PM
From: Steve Fancy	Respond to of 22640

Citigroup Rhodes Confident Brazil To Take Correct Action Dow Jones Newswires BRASILIA -- With financial markets anxiously awaiting austerity plans from Brazil to head off economic crisis, Citigroup Inc. (CCI) vice-chairman William Rhodes said Thursday he is confident the government will implement the correct fiscal measures. Rhodes, along with Citigroup co-chairman Sanford Weill and Brazilian Citibank president Alcides de Souza Amaral, met Thursday for 40 minutes with Brazil's Finance Minister Pedro Malan. The Brazilian government is expected to unveil a multi-year fiscal adjustment plan as early as next week. Rhodes also said that any international bailout package for Brazil would likely include private sector assistance. The Citigroup official has taken several trips to Brazil and appears to be spearheading the private-sector initiative to keep the country's financial woes from deepening. The Citigroup officials are now meeting President Fernando Henrique Cardoso. -By Stephen Wisnefski; (55-11) 813-1988; swisnefski@ap.org Later Thursday, Rhodes told reporters he had "an excellent meeting with President Cardoso" and that this had reinforced his confidence in Brazil. The banking executive added that "CitiCorp and Citibank have made themselves available to help and assist Brazil when and if necessary." Rhodes declined to put a value on a possible aid package by international private institutions for Brazil. "That's something to be evaluated. I can't give you any indications," he said. The Citigroup vice president also declined comments on rumors of a possible acquisition by Citibank of Brazilian bank Unibanco. -By Stephen Wisnefski and William Vanvolsem; (5561) 244 3095

To: Steve Fancy who wrote (9024)	10/16/1998 12:05:00 AM
From: Steve Fancy	Respond to of 22640

Brazil's Franco Sees Letter Of Intent With IMF -Estado Dow Jones Newswires NEW YORK -- The agreement being worked on between the International Monetary Fund and Brazil will include the signature of a letter of intent, Central Bank President Gustavo Franco told the Estado news agency Thursday. In an interview, Franco told Estado that the structure of the agreement hasn't been defined yet, and that neither has the amount of funds that the IMF will make available to Brazil. Officials working on the bailout package need to establish the amount that will be required to restore confidence in the country, Franco said. "That's not easy." He added that sizing up that figure is more complex than just provisioning for the amount of debt to be amortized if no obligations were rolled over in a year. The central bank president disputed versions about the amount of money that multilateral institutions would offer Brazil in the much talked about bailout package. He said he hasn't seen "any authority make a statement," indicating the country will receive between $25 billion and $30 billion. "I haven't heard anyone say that," Franco said in the Estado interview. He also contended versions that Brazil won't use funds of the bailout package unless necessary. "There's no reason for not using those funds. They are usable." Franco added that the government hasn't yet decided if the money will go directly into the international reserves account, or if it will remain available to be used when needed.

To: Steve Fancy who wrote (9024)	10/16/1998 12:05:00 AM
From: Steve Fancy	Read Replies (2) \| Respond to of 22640

IMF Will Meet With Brazilian Officials Soon - Fischer Dow Jones Newswires HONG KONG -- Brazilian authorities will be meeting with officials of the International Monetary Fund soon, said the fund's first deputy managing director, Stanley Fischer. In a teleconference broadcast from Washington to reporters in Hong Kong and Singapore, Fischer said "that will happen in the coming days to discuss the final details of their economic program." President Fernando Henrique Cardoso's address next Tuesday "is part of the ongoing agreement with reaching an agreement with the Brazilians on a support package in support of what they are doing." "The Brazilians have made it very clear that they want this to be their program, one that we can support. They don't want it to be the IMF dragging them along. We're not doing. They know what needs to be done and they are planning to do it. It is something we will be able to support," Fischer said. As reported, weekend meetings are planned at the IMF with Brazilian Finance Ministry executive secretary Pedro Parente, ministry economic policy director Amaury Bier and Central Bank economic department head Altamir Lopes. The Brazilian government said they discuss mechanisms of possible financial assistance from the fund. -By James T. Areddy; jareddy@ap.org; 852.2802.7002

To: Steve Fancy who wrote (9024)	10/16/1998 12:11:00 AM
From: Steve Fancy	Read Replies (8) \| Respond to of 22640

Closing figures for the Baby Bras Preferred shares on the Bovespa for: 10/15/1998 ******* The 12 Baby Bra preferred shares should add up to the US ADR closing price Company Type Symbol OPEN HIGH LOW CLOSE CHG TRADES $ VOLUME ======= ==== ====== ===== ===== ===== ===== ===== ====== ============ EMBRATEL PAR PN * EBTP4 15.50 19.00 15.01 19.00 +21.79% 207 388,800,000 TELE CL SUL PN * TCSL4 1.00 1.20 1.00 1.13 + 9.70% 87 414,500,000 TELE CTR OES PN * TCOC4 0.73 0.79 0.71 0.77 + 4.05% 65 208,900,000 TELE CTR SUL PN * TCSP4 12.80 13.20 11.50 12.50 - 3.84% 96 198,000,000 TELE LEST CL PN * TLCP4 0.36 0.40 0.36 0.40 + 8.10% 55 216,200,000 TELE NORD CL PN * TNEP4 0.54 0.59 0.54 0.58 + 3.57% 83 457,100,000 TELE NORT CL PN * TNCP4 0.22 0.24 0.21 0.24 + 4.34% 68 306,300,000 TELE NORT LE PN * TNLP4 13.00 15.00 12.80 13.50 + 2.27% 177 303,800,000 TELE SUDESTE PN * TSEP4 3.10 3.80 2.50 3.80 +15.15% 170 545,200,000 TELEMIG PART PN * TMCP4 0.69 0.75 0.68 0.72 + 1.40% 64 187,000,000 TELESP CL PA PN * TSPP4 7.00 7.90 7.00 7.80 + 6.84% 90 291,300,000 TELESP PART PN * TLPP4 27.50 30.00 27.00 30.00 + 7.14% 118 310,000,000 ------ R$ 90.44 R$ 90.44 / 1.1884 = US$ 76.10 Closing figures for the Baby Bras Common shares on the Bovespa for: 10/15/1998 These shares trade only in Brazil (Control or Voting shares), will not match up to US ADR Company Type Symbol OPEN HIGH LOW CLOSE CHG TRADES $ VOLUME ======= ==== ====== ===== ===== ===== ===== ===== ====== ============ EMBRATEL PAR ON * EBTP3 8.95 9.70 8.85 9.70 + 7.77% 13 12,600,000 TELE CL SUL ON * TCSL3 0.60 0.61 0.57 0.61 - 3.17% 13 86,000,000 TELE CTR OES ON * TCOC3 0.60 0.61 0.60 0.60 - 3.22% 6 114,800,000 TELE CTR SUL ON * TCSP3 6.20 6.50 6.20 6.50 + 4.83% 13 17,100,000 TELE LEST CL ON * TLCP3 0.22 0.24 0.20 0.22 = 0.00% 43 1,672,400,000 TELE NORD CL ON * TNEP3 0.30 0.35 0.30 0.35 +12.90% 15 168,600,000 TELE NORT CL ON * TNCP3 0.17 0.18 0.15 0.15 -21.05% 13 311,400,000 TELE NORT LE ON * TNLP3 5.70 5.75 5.70 5.70 - 1.72% 11 121,200,000 TELE SUDESTE ON * TSEP3 2.00 2.00 2.00 2.00 -20.63% 1 3,000,000 TELEMIG PART ON * TMCP3 0.51 0.53 0.51 0.51 = 0.00% 9 128,500,000 TELESP CL PA ON * TSPP3 3.75 4.00 3.75 4.00 - 9.09% 25 156,700,000 TELESP PART ON * TLPP3 17.50 18.00 17.50 18.00 + 2.85% 9 19,800,000 Closing figures for Telebras receipts on the Bovespa for: 10/15/1998 These symbols are kind of the US TBH equivalent without the crazy premium. I believe the first two are the normal receipts, don't know about rest...anyone? Company Type Symbol OPEN HIGH LOW CLOSE CHG TRADES $ VOLUME ======= ==== ====== ===== ===== ===== ===== ===== ====== ============ TELEBR RCTB RON* RCTB30 44.30 51.00 43.00 50.50 +13.48% 238 174,600,000 TELEBR RCTB RPN* RCTB40 81.60 90.40 80.20 89.99 + 8.42% 1229 2,727,600,000 RCTB RPN* RCTBJ52E 70.00 70.00 70.00 70.00 0.00% 1 6,000,000 RCTB RPN* RCTBJ66E 60.00 60.00 60.00 60.00 0.00% 2 1,000,000 TELEBR RCTB RON* RCTB30T 45.62 45.62 45.61 45.61 0.00% 2 2,300,000 TELEBR RCTB RPN* RCTB40T 83.64 84.16 83.64 84.16 0.00% 3 200,000 TELEBR RCTB RPN* RCTB40T 85.96 85.96 85.95 85.95 0.00% 2 1,000,000 RCTB RPN* RCTBJ23 0.03 0.05 0.01 0.05 = 0.00% 41 830,000,000 RCTB RPN* RCTBJ24 0.02 0.03 0.01 0.02 -33.33% 33 794,000,000 RCTB RPN* RCTBJ25 0.02 0.02 0.01 0.01 -50.00% 22 1,033,900,000 RCTB RPN* RCTBJ26 0.01 0.01 0.01 0.01 = 0.00% 7 53,900,000 RCTB RPN* RCTBJ41 4.80 10.80 2.70 10.30 +%128.88% 2002 3,808,100,000 RCTB RPN* RCTBJ42 0.45 2.50 0.17 2.40 +%280.95% 1754 5,593,000,000 RCTB RPN* RCTBJ43 0.04 0.40 0.02 0.30 +%400.00% 297 2,315,100,000 RCTB RPN* RCTBJ52 11.70 19.50 11.50 19.50 +31.75% 21 73,700,000 RCTB RPN* RCTBL18 7.50 9.20 7.50 9.20 + 2.22% 7 17,700,000 RCTB RPN* RCTBL28 22.00 22.00 22.00 22.00 = 0.00% 1 5,000,000 RCTB RPN* RCTBL3 3.80 6.00 3.80 6.00 +20.00% 103 211,000,000 RCTB RPN* RCTBL30 12.20 15.30 12.20 14.60 + 1.60% 6 49,000,000 RCTB RPN* RCTBL4 2.90 3.20 2.60 3.00 -14.28% 11 11,000,000 RCTB RPN* RCTBL5 1.50 1.50 1.50 1.50 = 0.00% 1 1,000,000 RCTB RPN* RCTBL6 0.00 0.00 0.00 0.00 / 0.00% 0 0 RCTB RPN* RCTBV5 1.26 1.26 1.26 1.26 = 0.00% 1 2,700,000 RCTB RPN* RCTBV93 0.80 0.80 0.80 0.80 = 0.00% 1 2,000,000 RCTB RPN* RCTBV94 8.11 8.11 8.11 8.11 = 0.00% 1 1,000,000 RCTB RPN* RCTBV95 17.90 17.90 13.00 13.00 -27.37% 2 4,000,000 RCTB RPN* RCTBX22 11.38 11.38 10.04 10.04 -11.77% 2 8,700,000 TELEBR RCTB RON* RCTB30F 44.00 49.50 43.00 49.50 +11.23% 47 1,225,321 TELEBR RCTB RPN* RCTB40F 82.00 90.00 81.00 88.51 + 6.63% 57 1,711,898 Closing figures for other Baby Bra related symbols on the Bovespa for: 10/15/1998 Have no idea what these are...options? Anyone know or want to help figure it out? Company Type Symbol OPEN HIGH LOW CLOSE CHG TRADES $ VOLUME ======= ==== ====== ===== ===== ===== ===== ===== ====== ============ TELE CL SUL ON * TCSL3T 0.62 0.63 0.62 0.63 0.00% 2 40,000,000 TELESP CL PA ON * TSPP3T 4.00 4.00 3.99 3.99 0.00% 2 6,000,000 TELE CL SUL ON * TCSL3T 0.62 0.63 0.62 0.63 0.00% 2 10,000,000 TELE LEST CL ON * TLCP3T 0.21 0.24 0.21 0.24 0.00% 4 30,000,000 TELE NORD CL ON * TNEP3T 0.33 0.34 0.33 0.34 0.00% 2 8,100,000 TELE SUDESTE ON * TSEP3T 2.10 2.11 2.10 2.11 0.00% 2 3,000,000 TELEMIG PART PN * TMCP4T 0.73 0.74 0.73 0.74 0.00% 2 10,000,000 TELESP CL PA ON * TSPP3T 3.93 3.97 3.93 3.97 0.00% 2 3,000,000 EMBRATEL PAR ON * EBTP3F 8.10 8.50 8.10 8.50 - 5.55% 3 121,803 EMBRATEL PAR PN * EBTP4F 16.50 16.50 16.50 16.50 + 5.76% 1 50,000 TELE CL SUL ON * TCSL3F 0.57 0.57 0.55 0.55 -12.69% 2 121,803 TELE CL SUL PN * TCSL4F 1.04 1.04 1.04 1.04 + 0.97% 1 25,000 TELE CTR OES ON * TCOC3F 0.57 0.57 0.55 0.55 + 5.76% 2 63,067 TELE CTR OES PN * TCOC4F 0.00 0.00 0.00 0.00 / 0.00% 0 0 TELE CTR SUL ON * TCSP3F 6.20 6.20 6.20 6.20 = 0.00% 2 25,803 TELE CTR SUL PN * TCSP4F 0.00 0.00 0.00 0.00 / 0.00% 0 0 TELE LEST CL ON * TLCP3F 0.20 0.22 0.18 0.22 = 0.00% 10 376,183 TELE LEST CL PN * TLCP4F 0.00 0.00 0.00 0.00 / 0.00% 0 0 TELE NORD CL ON * TNEP3F 0.30 0.30 0.30 0.30 - 3.22% 4 100,000 TELE NORD CL PN * TNEP4F 0.53 0.53 0.53 0.53 - 5.35% 1 25,000 TELE NORT CL ON * TNCP3F 0.15 0.16 0.15 0.16 -15.78% 4 102,967 TELE NORT CL PN * TNCP4F 0.00 0.00 0.00 0.00 / 0.00% 0 0 TELE NORT LE ON * TNLP3F 5.70 5.70 5.26 5.70 - 1.72% 3 29,803 TELE NORT LE PN * TNLP4F 0.00 0.00 0.00 0.00 / 0.00% 0 0 TELE SUDESTE ON * TSEP3F 2.00 2.00 1.98 1.98 -21.42% 5 31,989 TELE SUDESTE PN * TSEP4F 3.29 3.30 3.29 3.30 = 0.00% 2 31,000 TELEMIG PART ON * TMCP3F 0.49 0.51 0.47 0.51 = 0.00% 5 125,803 TELEMIG PART PN * TMCP4F 0.70 0.70 0.70 0.70 - 1.40% 1 5,303 TELESP CL PA ON * TSPP3F 4.40 4.40 4.40 4.40 = 0.00% 2 4,000 TELESP CL PA PN * TSPP4F 0.00 0.00 0.00 0.00 / 0.00% 0 0 TELESP PART ON * TLPP3F 17.00 17.50 16.30 17.50 = 0.00% 3 45,803 TELESP PART PN * TLPP4F 0.00 0.00 0.00 0.00 / 0.00% 0 0 Closing figures for other Telebras related symbols on the Bovespa: 10/15/1998 These symbols are for the 52 individual companies, no match to anything, provided FWIW. Company Type Symbol OPEN HIGH LOW CLOSE CHG TRADES $ VOLUME ======= ==== ====== ===== ===== ===== ===== ===== ====== ============ TELEBAHIA ON * TEBA3 0.00 0.00 0.00 0.00 / 0.00% 0 0 TELEBAHIA PNA* TEBA5 20.01 22.48 20.01 22.48 + 4.55% 18 3,970,000 TELEBAHIA CL ON * TBAC3 0.00 0.00 0.00 0.00 / 0.00% 0 0 TELEBAHIA CL PNB* TBAC6 16.00 17.98 16.00 16.00 -12.52% 10 1,040,000 TELEBAHIA CL PNC* TBAC7 0.00 0.00 0.00 0.00 / 0.00% 0 0 TELEBRAS ON * TELB3 0.11 0.11 0.08 0.09 -25.00% 65 1,238,200,000 TELEBRAS PN * TELB4 0.16 0.18 0.15 0.17 + 6.25% 82 719,900,000 TELEBRASI CL ON * TBRC3 36.00 36.00 36.00 36.00 + 2.85% 1 620,000 TELEBRASI CL PNB* TBRC6 44.00 44.00 44.00 44.00 = 0.00% 3 30,000 TELEBRASILIA ON * TBRS3 0.00 0.00 0.00 0.00 / 0.00% 0 0 TELEBRASILIA PN * TBRS4 85.00 85.00 85.00 85.00 = 0.00% 1 30,000 TELEMIG ON * TMGR3 0.00 0.00 0.00 0.00 / 0.00% 0 0 TELEMIG PNB* TMGR6 34.97 37.50 34.97 37.50 = 0.00% 35 28,760,000 TELEMIG PND* TMGR8 0.00 0.00 0.00 0.00 / 0.00% 0 0 TELEMIG CL PNE* TMGC11 0.00 0.00 0.00 0.00 / 0.00% 0 0 TELEMIG CL ON * TMGC3 10.00 10.00 10.00 10.00 + 5.26% 2 30,000 TELEMIG CL PNC* TMGC7 11.00 11.39 10.89 11.39 + 2.61% 23 14,670,000 TELEPAR ON * TEPR3 105.00 107.99 105.00 107.99 - 3.57% 2 31,000 TELEPAR PN * TEPR4 170.01 190.00 170.01 188.00 + 7.41% 85 8,692,000 TELEPAR CL ON * TPRC3 33.99 33.99 33.99 33.99 - 2.88% 3 360,000 TELEPAR CL PNB* TPRC6 50.00 52.00 50.00 52.00 + 1.96% 24 3,635,000 TELERJ ON * TERJ3 21.00 21.00 20.01 20.01 - 4.71% 6 1,250,000 TELERJ PN * TERJ4 31.30 33.00 30.03 32.50 + 3.83% 328 169,910,000 TELERJ CL ON * TRJC3 16.08 17.60 16.08 17.60 + 9.93% 3 70,000 TELERJ CL PNB* TRJC6 27.00 30.60 27.00 30.40 + 8.14% 153 69,090,000 TELESP ON * TLSP3 118.00 126.01 118.00 126.01 + 6.77% 69 45,320,000 TELESP PN * TLSP4 174.00 196.00 172.00 193.99 + 8.98% 577 224,950,000 TELESP CL ON * TSPC3 23.00 25.48 23.00 25.48 +10.78% 28 12,900,000 TELESP CL PNB* TSPC6 48.01 52.00 47.00 52.00 + 7.21% 293 134,270,000 TELERJ PN * TERJ4T 31.77 32.80 31.26 32.80 0.00% 9 5,510,000 TELEBAHIA ON * TEBA3F 19.00 19.00 19.00 19.00 -13.63% 2 8,807 TELEBAHIA PNA* TEBA5F 17.33 20.50 17.33 20.50 - 4.65% 4 9,680 TELEBAHIA PNB* TEBA6F 50.00 50.00 50.00 50.00 + 4.16% 1 5,160 TELEBAHIA CL ON * TBAC3F 0.00 0.00 0.00 0.00 / 0.00% 0 0 TELEBAHIA CL PNB* TBAC6F 17.00 17.00 14.00 16.00 -12.52% 7 23,292 TELEBAHIA CL PNC* TBAC7F 0.00 0.00 0.00 0.00 / 0.00% 0 0 TELEBRAS ON * TELB3F 0.10 0.10 0.09 0.09 -25.00% 6 134,279 TELEBRAS PN * TELB4F 0.15 0.15 0.15 0.15 - 6.25% 2 82,461 TELEBRASI CL ON * TBRC3F 0.00 0.00 0.00 0.00 / 0.00% 0 0 TELEBRASI CL PNB* TBRC6F 39.03 44.00 39.03 44.00 = 0.00% 4 14,576 TELEBRASILIA ON * TBRS3F 0.00 0.00 0.00 0.00 / 0.00% 0 0 TELEBRASILIA PN * TBRS4F 82.01 84.00 82.00 82.00 - 3.52% 9 19,704 TELEMIG ON * TMGR3F 20.19 20.50 19.51 19.51 - 2.45% 4 10,662 TELEMIG PNA* TMGR5F 39.99 39.99 39.99 39.99 -57.53% 1 22 TELEMIG PNB* TMGR6F 33.00 37.00 33.00 37.00 + 1.36% 7 20,124 TELEMIG PND* TMGR8F 0.00 0.00 0.00 0.00 / 0.00% 0 0 TELEMIG CL ON * TMGC3F 9.30 9.80 9.05 9.80 + 3.15% 4 11,279 TELEMIG CL PNB* TMGC6F 0.00 0.00 0.00 0.00 / 0.00% 0 0 TELEMIG CL PNC* TMGC7F 10.02 10.80 10.02 10.80 - 2.70% 3 11,802 TELEPAR ON * TEPR3F 100.00 100.00 100.00 100.00 -10.70% 1 856 TELEPAR PN * TEPR4F 170.00 179.00 170.00 179.00 + 2.27% 12 3,932 TELEPAR CL ON * TPRC3F 0.00 0.00 0.00 0.00 / 0.00% 0 0 TELEPAR CL PNB* TPRC6F 48.00 50.00 48.00 50.00 = 0.00% 11 3,164 TELERJ ON * TERJ3F 20.50 20.50 20.00 20.00 - 0.54% 6 24,182 TELERJ PN * TERJ4F 30.00 31.00 30.00 31.00 - 0.95% 14 58,345 TELERJ CL ON * TRJC3F 16.00 18.00 15.61 18.00 +12.42% 7 18,375 TELERJ CL PNB* TRJC6F 26.75 30.00 26.75 30.00 + 6.72% 17 41,065 TELESP ON * TLSP3F 112.12 126.00 112.12 124.00 + 5.07% 14 46,181 TELESP PN * TLSP4F 171.02 193.00 171.02 192.01 + 7.87% 48 172,396 TELESP CL ON * TSPC3F 22.30 24.98 20.51 23.55 + 2.39% 18 49,599 TELESP CL PNB* TSPC6F 47.40 50.00 46.05 50.00 + 3.09% 34 111,352