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View Full Version : Tele Norte Net Fell 91% on Capital Spending Increase - Bloomberg



NewsWhore
03-05-2009, 06:50 PM
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Tele Norte Net Fell 91% on Capital Spending Increase (http://news.google.com/news/url?sa=T&ct=us/4-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601086%26sid%3DanxhQdAytlJ0%26refer%3Dlatin_america&cid=1311593067&ei=C2awSePyNZ_kQunvhfcF&usg=AFQjCNHNzb75gRDLbfTFlCIlraLBhhOtXA)
Bloomberg
By Heloiza Canassa March 5 (Bloomberg) -- Tele Norte Leste Participacoes SA, Brazil’s largest phone company, said fourth-quarter profit fell 91 percent after it increased spending and debt to widen its coverage and acquire rival Brasil Telecom ...


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