% | $
Quotes you view appear here for quick access.

Tele Norte Leste Participacoes S.A. Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • kevin_f_1999 kevin_f_1999 May 24, 2011 12:14 PM Flag

    PT and BTM

    Found it on Dow Jones. TNE consolidating all four listed companies into one single company (BTM) which they will rename Oi. They will go from four companies with seven stock listings to one single company. It should be huge with 25 to 30 billion in revenue. I think TNE has revenue of about 18 billion and BTM has around 6 or 7 billion alone so should be big. Should save a lot of money in the consolidation. Very happy with the idea.