Net Servicos de Comunicacao S.A. (ADR) (NASDAQ:NETC)

CAPS Rating: 4 out of 5

Provider of entertainment and communications services in Brazil focusing on the residential market and maintains to provide pay-television services and to continue growing its broadband business.

Recs

0
Player Avatar DarkToast (96.92) Submitted: 6/17/2008 12:51:17 PM : Outperform Start Price: $14.16 NETC Score: +6.13

This company provides internet services to Brazil. For the time being their market is going to be somewhat limited. A lot of Brazilians access the internet through internet cafes. The wired landline infrastructure only covers part of the country, and isn't growing very much. Accessing the internet through cell phones is frustrating, as many of us know. Cable is available in even fewer areas than landlines. WiMax is going to change all of that. When WiMax rolls out to Brazil, and true broadband internet becomes available wirelessly, one of the internet companies is going to reap a windfall. I am thinking NETC will partner with VIV, providing broadband internet services through VIVs cell phone towers.

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