Telebrás

Telebras is a Brazilian telecommunications company which was the state-owned monopoly telephone system. It was broken up in July 1998 into twelve separate companies, nicknamed the 'Baby Bras' companies, that were auctioned to private bidders. The new companies were the long distance operator Embratel, three fixed line regional telephony companies and eight cellular companies. It was re-established in 2010 according to Decree No. 7.175 that established the National Broadband Plan (PNBL), when then-President Luiz Inacio Lula da Silva tasked it with managing a nationwide plan to expand broadband Internet access. Telebras implements the private communication network of the federal public administration, public policy support and supports broadband, besides providing infrastructure and support networks to telecommunications services provided by private companies, states, Federal District, municipalities and nonprofits.

Telecomunicações Brasileiras S.A. (Telebras)
Company typePublic
B3: TELB3, TELB4
IndustryTelecommunications
HeadquartersBrasília, Federal District, Brazil
Key people
Maximiliano Salvadori Martinhão, (President)
ProductsFixed line & mobile phone
internet services
ParentGovernment of Brazil
Websitewww.telebras.com.br
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