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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Brazillian REAL will increase against the dollar. Brazil has some cell phone growth left. (even if they were at 90% penetration, Finland and Italy are better examples of saturated markets and are both well above 100%, meaning they have more cell phones than people). That said, I'm nervous about this pick since Brazil has several cell phone companies and competion is tight.