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	<title>Stock Blog Hub &#187; Tele Norte Leste Participacoes S.A.</title>
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		<title>(TEF) Telefonica SA Fixes Brazilian Capital Expenditure</title>
		<link>http://www.stockbloghub.com/2009/12/10/tef-telefonica-sa-fixes-brazilian-capital-expenditure/22509</link>
		<comments>http://www.stockbloghub.com/2009/12/10/tef-telefonica-sa-fixes-brazilian-capital-expenditure/22509#comments</comments>
		<pubDate>Thu, 10 Dec 2009 21:28:44 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Technology]]></category>
		<category><![CDATA[Telecom Services - Foreign]]></category>
		<category><![CDATA[Portugal Telecom SGPS SA]]></category>
		<category><![CDATA[PT]]></category>
		<category><![CDATA[TEF]]></category>
		<category><![CDATA[Tele Norte Leste Participacoes S.A.]]></category>
		<category><![CDATA[Telecomunicacoes de Sao Paulo S.A. - TELESP]]></category>
		<category><![CDATA[Telefonica SA]]></category>
		<category><![CDATA[TNE]]></category>
		<category><![CDATA[TSP]]></category>

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		<description><![CDATA[Telefonica SA (TEF), the incumbent telecom carrier in Spain, has released its 2010 capital expenditure (CapEx) guidance for its Brazilian subsidiary Telecomunicacoes de Sao Paulo (TSP). The Spanish telecom giant plans to spend more than R$2 billion (US$1.14 billion) in Brazil in the next year. This is marginally lower compared to R$2.4 billion (US$1.38 billion) earmarked for 2009. The company plans to allocate a major portion of the budgeted CapEx for expanding its broadband network infrastructure in Brazil. Telefonica is boosting investment in broadband to improve service quality. The company contends with decelerating revenue for its fixed-line business. Brazil’s telecom regulator Anatel suspended Telefonica’s fixed-line operation between June and August 2009 due to customer complaints about poor service quality. Telefonica operates its fixed-line telephone and broadband services in Sao Paulo ]]></description>
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		<title>(TNE) Tele Norte Leste Participacoes SA Posts Modest Results</title>
		<link>http://www.stockbloghub.com/2009/10/27/tne-tele-norte-leste-participacoes-sa-posts-modest-results/18807</link>
		<comments>http://www.stockbloghub.com/2009/10/27/tne-tele-norte-leste-participacoes-sa-posts-modest-results/18807#comments</comments>
		<pubDate>Tue, 27 Oct 2009 17:30:49 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Technology]]></category>
		<category><![CDATA[Telecom Services - Foreign]]></category>
		<category><![CDATA[Tele Norte Leste Participacoes S.A.]]></category>
		<category><![CDATA[TNE]]></category>

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		<description><![CDATA[Tele Norte Leste Participacoes SA (TNE) posted modest results for the third quarter of 2009. During the quarter, consolidated gross revenue amounted to R$11.6 billion, 3.6% higher than in 2008&#8242;s third quarter mainly due to the performance of mobile telephone services, which increased by 15% year-over-year. Increasing revenue from data and value-added services proved by the growth in the number of 3G clients. Wireline revenue grew slightly benefiting from the performance of data transmission service and advanced voice service and additional service. However, in comparison with the previous quarter, almost all of the revenue items recorded an improvement. Net income tumbled 71% in the quarter from the year-earlier period on costs related to asset write-downs and the combination of its two parent companies. Net income fell to R$64 million ($37 ]]></description>
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		<title>(TEF) Telefonica SA Bids to Expand in Brazil</title>
		<link>http://www.stockbloghub.com/2009/10/08/tef-telefonica-sa-bids-to-expand-in-brazil/17183</link>
		<comments>http://www.stockbloghub.com/2009/10/08/tef-telefonica-sa-bids-to-expand-in-brazil/17183#comments</comments>
		<pubDate>Thu, 08 Oct 2009 19:16:36 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Technology]]></category>
		<category><![CDATA[Telecom Services - Foreign]]></category>
		<category><![CDATA[Brasil Telecom Participacoes S-A.]]></category>
		<category><![CDATA[BRP]]></category>
		<category><![CDATA[Portugal Telecom SGPS SA]]></category>
		<category><![CDATA[PT]]></category>
		<category><![CDATA[TEF]]></category>
		<category><![CDATA[Tele Norte Leste Participacoes S.A.]]></category>
		<category><![CDATA[Telefonica SA]]></category>
		<category><![CDATA[TNE]]></category>
		<category><![CDATA[VIV]]></category>
		<category><![CDATA[Vivo Participacoes S.A.]]></category>

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		<description><![CDATA[Spain’s incumbent telecom carrier Telefonica SA (TEF) has reportedly made an all-cash bid to acquire Brazilian telecom operator GVT Holding SA in an effort to expand its presence in the lucrative Brazilian telecom market. The Spanish operator’s Brazilian fixed-line subsidiary Telecomunicacoes de Sao Paulo (Telesp) has offered BRL48 (US$27.2) per share of GVT to acquire atleast 51% of the company, equating to a total investment of €2.55 billion (US$3.75 billion). This offer, which is subject to regulatory and shareholders approvals, has outbid the BRL42 (US$23.8) per share offer made by France-based media company Vivendi SA in September 2009. Telefonica targets to eventually acquire 100% stake in GVT. Large telecom carriers across the US and Europe are increasingly focused on expanding their foothold in under-penetrated markets given the limited growth prospects ]]></description>
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