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Investor Relations | |
Media Relations |
Free Translation
Brasil
Telecom
Clarification
Brasil Telecom considers important to be in the mobile market to avoid being exposed to obsolescence risks.
The telecommunications rules were created in order to stimulate the expansion of services. It is not possible to distort the interpretation of these rules just to argue for the containment of supply.
Telecom Italia hindered us to participate in the first PCS - Personal Communication System auction. We are arriving late in the mobile market.
We bid for the PCS license the equivalent to 20%, and also we will pay substantially less for the equipment than Telecom Italia invested to have competing operation. This save will not represent a benefit to Brasil Telecom, due to the delay in the beginning of the mobile operation.
Once we are arriving late, we will have to practice tariffs expressively lower than the current ones. And in this matter the interests of Brasil Telecom and our partner-competitor conflict.
Brasília, Brazil, Setpember 17, 2003.
Brasil Telecom
BRASIL TELECOM S.A.
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By: |
/S/
Carla Cico
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Name: Carla Cico
Title: President and Chief Executive Officer
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