Description of Telemar
Telemar is a leading integrated telecommunications service provider operating in six business areas in Brazil: fixed line local service, domestic and international long distance, Wireless, Broadband, Data & Corporate services and Internet service. Already a leader in local and long distance service, Telemar has become the second largest mobile provider in Region I less than three years after launching its Oi service. The company's domestic network covers 65% of Brazil reaching more than 94 million inhabitants. Telemar (NYSE: TNE) has a market capitalization of more than US$ 4 billion.
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