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The Company is a providers of cellular telecommunications services in Brazil, with the help of its subsidiary Vivo S.A., the cellular operator in Brazil.
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tcarey2000 (59.08) Submitted: 5/18/08 1:14 AM : Start Price: $7.26 VIV Score: -18.14
VIV will benefit greatly from the Petrobras oil explorations. PBR to hire 14,000 workers to work the rigs. Huge supporting cast will be required to build out infrastructure and support workers. Will attract workers from all over Brazil. Most will be seperated from families for long durations. VIV is the major wireless player in the oil development regions. VIV just added the new Blackberry to their line-up. Once debt gets reduced by 35-50% VIV will soar. 4.8% growth in Brazil doesn't hurt either. Viv will trade between $40-60 by mid 2010. Hold tight ,long on VIV.
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