Business Services Industry
Oi loses R$1mil per day.
South American Business Information, May, 2002
Brazil, May 15, 2002
The cell phone services company Oi, held by Telemar, loses R$1mil per day due to the delay on the launch of its service. The company depends on Anatel (Agencia Nacional de Telecomunicacoes) to start up. Oi will start operations in 14 from the 16 states covered by it. The company plans investments of R$2.7bil until 2004. Oi already made deals with big retail chains including Lojas Americanas, Casas Bahia, Brasimac, C&A and Carrefour.
Copyright (c) 2002, South American Business Information, All rights reserved.
INDUSTRY KEYWORD: Cellular Telephone Services
EVENT: Services
Losses
News Provided by COMTEX (http://www.comtexnews.com)
Premium Content Partnership |
HighBeam Research provides an in-depth online archive library of reference works.
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- Design a commission plan that drives sales - Sales Commissions
Presented by the Premiere Rewards Gold Card from American Express