10/08/06

Way Brasil

 

Way Brasil is a Pay TV Operator (Cable) and Broad Band (SCM) operating in the following cities: Belo Horizonte, Poços de Caldas, Uberlândia and Barbacena.

 

Infovias, CEMIG's datas communication company, was the controller of the Way Brasil. It sold the operator, through Bovespa auction in 07/27/2006, to TNL PCS of Telemar Grupo per 132 million.

 

Operator Site: Way Brasil.

 

Operational Performance

 

Million 2002 2003 2004 2005*
Cable TV Subscribers 23.9 29.9 33.6 41.2
Broad Band Internet subscribers 5.1 10.7 20.3 36.2

* Way Brasil had 60,143 subscribers, of which 23,966 Cable TV, 18,976 Broad band and 17,201 both services.

 

Financial Economic Performance

 

R$ Million
2003
2004
2005
Gross Revenue
27.3
40.3
55.1
Net Revenue
22.3
33.7
45.6
EBITDA
(0.31)
2.9
8.7
Margin EBITDA
(1.4%)
8.8%
19.0%
Net (lost) Income
(6)
(8)
(2)

 

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