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) |