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$24.82 0.35 (1.43%)
5/16/2008 4:00 PM

Tele Norte Leste Participacoes SA (ADR) (TNE)

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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Avatar 7dogs (96.37) Submitted: 5/05/08 1:15 PM : Outperform Start Price: $23.50 TNE Score: 4.30

Brazilian phone company. Provides services in region consisting of 16 states of Brazil and covers 64% of the country. The Company has approximately 17 millions lines installed, of which 14.4 millions are in service. During the fiscal year ended December 12, 2007, TNL acquired Tele Norte Celular Participacoes SA.

Last week S&P upgraded Brazil to stable.

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