Tele Norte Leste Participacoes SA (ADR) (NYSE:TNE.DL)
CAPS Rating:
A telecommunication services provider, which offers communications product portfolio that includes traditional fixed-line, mobile, broadband, ISP and other services to residences, consumers, small, midsize and large business users and government entities.
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Goverment love in a ultra growing economy. Long term profit potential. Undervalued relative to profit and long term potential. Cons,stiff competitors and a slowing global economy. Long term story is compelling enough for me.