02/19/2010

Embratel

 

 

This page : Embratel Participações' Annual Results including rate, revenue, EBITDA margin, profit, investments and debt.


 

Embratel acquires DTH license

 

In April 24th, 2008, Anatel authorized Embratel to provide Pay TV service via satellite (DTH) in order to transmit sound and image (TV) signals.

 

The company committed itself to transmit an educational channel to public schools, without any cost. The company will provide a package with antenna, decoder and TV device for 2 thousand schools selected by the government.

 

Embratel Participações S.A. is the controller of Empresa Brasileira de Telecomunicações S.A. - Embratel. The shareholding control of Embratel passed to Telmex in july of 2004 been gotten by MCI.

 

www.embratel.com.br

 

Embratel has a concession to Long Distance National and International in the whole country, which correspond to sector 35, region IV of PGO (Operator Code: 21).

 

Main Embratel indicators

 

Million R$
2004
2005
2006
2007
2008
2009
Gross Revenue
9,687
10,178
11,141
11,765
13,431
14,585
Net Revenue
7,333
7,565
8,220
8,625
9,777
10,602
EBITDA
1,373
1,694
1,154
2,165
2,460
2,809
Margin EBITDA
18.7%
22.4%
14.0%
25.1%
25.2%
26.5%
Net (lost) Income
(339.3)
174.3
105.8
789
613
1,293
Liquid Debt
2,598
1,008
2,014
2,599
2,497
965
Investments
579,6
1,427
1,459
1,278
1,803
1,522

 

 

Commentary

 

Embratel's Gross Revenue in 2009 (R$ 14,585 millions) was 8.6% bigger than 2008's.

The local services, that already presented 20.1% of Embratel's net revenue, were the main responsible factors for this result. In local services are included corporative and residential clients of Embratel's local fixed telephony (Livre and NetFone).

 

Local Service

 

Embratel acquired Vesper having the local service authorizations of mirror companies in the Regions I and III of PGO. By the joint venture between the companies, since 05/26/05, Embratel became Local STFC Provider, not using Vésper brand in the relationship with the clients anymore. The local service was called Livre.

 

Embratel also has authorization to be Local service provider in the Region IV, it resigned Vesper local service authorizations.

 

In 2006, Embratel started to offer VOIP telephony through NetFone via Embratel.

 

 

Local Telephony Subscribers (thousands)

 

-
2006
2007
2008
2009
Livre
940
1,374
-
-
Others
1,012
1,561
-
-
Accesses
1,952
2,935
-
-
Net Fone
182
561
1,802
2,557
Total
2,134
3,496*
5, 356
6,452

* includes accesses of fixed telephony and broadband

 

 

Important Facts

 

08/11/2003 Announced the signature of a intention Letter to a possible acquisition of Vesper by Embratel.
09/02/2003

Signature of a purchase agreement and selling with AT&T Latin America Corp. to acquire its operational subsidiary in five countries: Argentina, Brazil, Chile, Colombia and Peru. AT&T finished being acquired for the Telmex in October of 2003.

Nov 2003

MCI announces intention of selling Embratel. Anatel approves Vésper purchase for Embratel. The operation was done in December.

 

March 2004 Telmex announced agreement with MCI to Embratel's purchase.
June 2004

Anatel approves Embratel purchase by Mexico Telmex.

Telmex acquire participation on Globopar/Net.

June/05 Published by Anatel resigned act of Embratel Local service authorizations of Vésper.
August 2005 Embratel acquired Primesys of Portugal Telecom per R$ 231.25 million.
Sept/05 Embratel Participações announces the incorporation of Telmex Brazil and the shareholding participation, 37.1% of social capital of Net Serviços de Comunicação S.A. stucked by Mexico Telmex.
May/06 Telmex presented a public offer to the acquisition of Embratel Participações's shareholdings in circulation in the market with the purpose of cancelling its register as public company.
Mar/08 Embratel announced the operation start of its Wimax net.

 

 

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