Brasil Telecom

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Brasil Telecom Participações SA
legal form	Sociedade Anônima Public Company (Brazil)
founding	1998
Seat	Brasília , Brazil
management	Ricardo Knoepfelmacher, CEO
Number of employees	20,451 (2008)
sales	6.3 billion USD (2008)
Branch	telecommunications
Website	www.brasiltelecom.com.br

The Brasil Telecom SA , based in Brasilia was Brazil's largest telecommunications company .

history

2 company telephone boxes (orelhões)

The company was one of three fixed-line, one long-distance and eight cellular companies in Brazil that emerged from the collapse of the Telebrás' telecommunications monopoly .

The company's shares were traded on the Brazilian Bovespa Stock Exchange and the New York Stock Exchange .

In 2009, 79% of Brasil Telecom was sold to telecommunications company Oi for $ 4.8 billion . Since then, Brasil Telecom has been a subsidiary of the group.

Individual evidence

1. ↑ Oi buys controlling majority in Brasil Telecom , April 28, 2008