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Brasil Telecom
Brasil Telecom S.A. (BrT, ) was a major Brazilian telecommunications company headquartered in the Brazilian capital of Brasilia. The company was one of three land lines and eight mobile telephone companies – and only long-distance service provider – that emerged in Brazil following the break-up of Telebrás. Originally the company was called Tele Centro Sul, because its service covered the states in the central and southern parts of Brazil, namely Acre (state), Acre, Rondônia, Goiás, Tocantins (state), Tocantins, Mato Grosso, Mato Grosso do Sul, Paraná (state), Paraná, Santa Catarina (state), Santa Catarina and Rio Grande do Sul, as well as the Federal District (Brazil), Distrito Federal. Since 9 January 2009, the company is a subsidiary of Oi (telecommunications), Oi. History The Brazilian investment bank Opportunity Asset Management, Opportunity, which managed funds for investors including Citigroup and some Brazilian pension funds, in partnership with Telecom Italia, p ...
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Brasília
Brasília (; ) is the federal capital of Brazil and seat of government of the Federal District. The city is located at the top of the Brazilian highlands in the country's Central-West region. It was founded by President Juscelino Kubitschek on 21 April 1960, to serve as the new national capital. Brasília is estimated to be Brazil's third-most populous city. Among major Latin American cities, it has the highest GDP per capita. Brasília was a planned city developed by Lúcio Costa, Oscar Niemeyer and Joaquim Cardozo in 1956 in a scheme to move the capital from Rio de Janeiro to a more central location. The landscape architect was Roberto Burle Marx. The city's design divides it into numbered blocks as well as sectors for specified activities, such as the Hotel Sector, the Banking Sector, and the Embassy Sector. Brasília was inscribed as a UNESCO World Heritage Site in 1987 due to its modernist architecture and uniquely artistic urban planning. It was named "City of ...
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Acre (state)
Acre () is a state located in the west of the North Region of Brazil and the Amazonia Legal. Located in the westernmost part of the country, at a two-hour time difference from Brasília, Acre is bordered clockwise by the Brazilian states of Amazonas and Rondônia to the north and east, the Bolivian department of Pando to the southeast, and the Peruvian regions of Madre de Dios, Ucayali and Loreto to the south and west. The state, which has 0.42% of the Brazilian population, generates 0.2% of the Brazilian GDP. Its capital and largest city is Rio Branco. Other important places include Cruzeiro do Sul, Sena Madureira, Tarauacá and Feijó. Intense extractive activity in the rubber industry, which reached its height in the early 20th century, attracted Brazilians from many regions to the state. From the mixture of sulista, southeastern Brazil, nordestino, and indigenous traditions arose a diverse cuisine. It combines sun-dried meat (carne-de-sol) with pirarucu, a typic ...
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BM&F Bovespa
B3 S.A. - Brasil, Bolsa, Balcão (in English, ''B3 - Brazil Stock Exchange and Over-the-Counter Market''), formerly BM&FBOVESPA, is a stock exchange located in São Paulo, Brazil, and the second oldest of the country. Its current form can be traced back to May 8, 2008, when the São Paulo Stock Exchange (Bovespa) and the Brazilian Mercantile and Futures Exchange (BM&F) merged, creating BM&FBOVESPA. On March 30, 2017, BM&FBOVESPA merged with CETIP, creating ''B3.'' The benchmark indicator of B3 is the Índice Bovespa, more commonly known as ''Ibovespa''. There were 418 companies traded at Bovespa as of March 2021. On June 7, 2021, the Ibovespa index reached its record market closing above 130,776 points. B3 also has offices in Rio de Janeiro, Shanghai, and London. History Founded on August 23, 1890 by Emilio Rangel Pestana, the "Bolsa de Valores de São Paulo" (São Paulo Stock Exchange, in English) has had a long history of services provided to the stock market and the ...
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Telecom Italia
Gruppo TIM, legally TIM S.p.A. (formerly Telecom Italia S.p.A.), also known as the TIM Group in English, is an Italian telecommunications company with headquarters in Rome, Milan, and Naples, (with the Telecom Italia Tower) which provides fixed telephony and DSL data services. It is the largest Italian telecommunications services provider in revenues and subscribers. It was founded in 1994 by the merger of several state-owned telecommunications companies, the most prominent of which was Società Italiana per l'Esercizio Telefonico p.A., (known as ''SIP''), the former state monopoly telephone operator in Italy. The company's stock is traded in the Borsa Italiana. Since 2017, the Italian State exercises on TIM the "Golden Power", which allows the government to take a number of actions when the strategic interests of the country are concerned. History 1925–1964: Stipel and early mandatory phone tax In 1925, the phone network was reorganised by the Benito Mussolini cabinet ...
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Citigroup
Citigroup Inc. or Citi (Style (visual arts), stylized as citi) is an American multinational investment banking, investment bank and financial services corporation headquartered in New York City. The company was formed by the merger of banking giant #Citicorp, Citicorp and financial conglomerate Travelers Group in 1998; Travelers was subsequently spun off from the company in 2002. Citigroup owns Citicorp, the holding company for Citibank, as well as several international subsidiaries. Citigroup is Delaware General Corporation Law, incorporated in Delaware. Citigroup is the List of largest banks in the United States, third largest banking institution in the United States; alongside JPMorgan Chase, Bank of America, and Wells Fargo, it is one of the Big Four (banking)#United States, Big Four banking institutions of the United States. It is considered a Systemically important financial institution, systemically important bank by the Financial Stability Board and is commonly cited as ...
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Opportunity Asset Management
Daniel Valente Dantas is a Brazilian entrepreneur. He is known as the founder of the Opportunity Asset Management . Career In the late 1990s, Dantas was a fund manager for Citigroup and a key figure in the privatization of the telecoms sector. His company controlled Brasil Telecom Participacoes, then one of the country's largest telecoms groups, together with Citigroup (C.N) and Telecom Italia (TLIT.MI). The Opportunity led an international private sector partnership that bought up a large chunk of the Brazilian telecoms sector in 1997, when this sector was privatized. Operation Satyagraha In July 2008, several TrueCrypt-encrypted hard drives were seized from Daniel Dantas, who was suspected of financial crimes. The Brazilian National Institute of Criminology (INC) tried for five months (without success) to obtain access to his TrueCrypt-protected disks, after which they enlisted the help of the FBI. On June 7, 2011 the National Council of Justice (CNJ) unanimously recognized ...
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Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ...
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Rio Grande Do Sul
Rio Grande do Sul (, , ; "Great River of the South") is a Federative units of Brazil, state in the South Region, Brazil, southern region of Brazil. It is the Federative_units_of_Brazil#List, fifth-most-populous state and the List of Brazilian states by area, ninth largest by area. Located in the southernmost part of the country, Rio Grande do Sul is bordered clockwise by Santa Catarina (state), Santa Catarina to the north and northeast, the Atlantic Ocean to the east, the Uruguayan Departments of Uruguay, departments of Rocha Department, Rocha, Treinta y Tres Department, Treinta y Tres, Cerro Largo Department, Cerro Largo, Rivera Department, Rivera and Artigas Department, Artigas to the south and southwest, and the Argentina, Argentine Provinces of Argentina, provinces of Corrientes Province, Corrientes and Misiones Province, Misiones to the west and northwest. The capital and largest city is Porto Alegre. The state has the highest life expectancy in Brazil, and the crime rate i ...
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Santa Catarina (state)
Santa Catarina (, ) is a States of Brazil, state in the South Region, Brazil, South Region of Brazil. It is the List of Brazilian states by area, 7th smallest state in total area and the List of Brazilian states by population, 11th most populous. Additionally, it is the 9th largest settlement, with List of municipalities in Santa Catarina, 295 municipalities. The state, with 3.4% of the Brazilian population, generates 3.8% of the national GDP. Santa Catarina is bordered by Paraná (state), Paraná to the north, Rio Grande do Sul to the south, the Atlantic Ocean to the east, and the Provinces of Argentina, Argentine province of Misiones Province, Misiones to the west. The coastline is over 450 km, i.e., about half of Portugal's mainland coast. The seat of the state executive, Legislature, legislative and judiciary powers is the capital Florianópolis. Joinville, however, is the most populous city in the state. Besides Espírito Santo, Santa Catarina is the only state whose ca ...
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Paraná (state)
Paraná () is one of the 26 states of Brazil, in the south of the country, bordered on the north by São Paulo state, on the east by the Atlantic Ocean, on the south by Santa Catarina state and the province of Misiones, Argentina, and on the west by Mato Grosso do Sul and Paraguay, with the Paraná River as its western boundary line. It is subdivided into 399 municipalities, and its capital is the city of Curitiba. Other major cities are Londrina, Maringá, Ponta Grossa, Cascavel, São José dos Pinhais and Foz do Iguaçu. The state is home to 5.4% of the Brazilian population and has 6.2% of the Brazilian GDP. Crossed by the Tropic of Capricorn, Paraná has what is left of the araucaria forest, one of the most important subtropical forests in the world. At the border with Argentina is the National Park of Iguaçu, considered by UNESCO as a World Heritage Site. At only from there, at the border with Paraguay, the largest dam in the world was built, the Hidroelétrica de Itaipu ...
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Mato Grosso Do Sul
Mato Grosso do Sul () is one of the Midwestern states of Brazil. Neighboring Brazilian states are (from north clockwise) Mato Grosso, Goiás, Minas Gerais, São Paulo and Paraná. It also borders the countries of Paraguay, to the southwest, and Bolivia, to the west. The economy of the state is largely based on agriculture and cattle-raising. Crossed in the south by the Tropic of Capricorn, Mato Grosso do Sul generally has a warm, sometimes hot, and humid climate, and is crossed by numerous tributaries of the Paraná River. The state has 1.3% of the Brazilian population and is responsible for 1.5% of the Brazilian GDP. The state is also known for its natural environment, and is a destination for domestic and international tourism. The Pantanal lowlands cover 12 municipalities and presents a variety of flora and fauna, with forests, natural sand banks, savannahs, open pasture, fields and bushes. The city Bonito, in the mountain of Bodoquena, has prehistoric caves, natural river ...
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Mato Grosso
Mato Grosso ( – lit. "Thick Bush") is one of the states of Brazil, the third largest by area, located in the Central-West region. The state has 1.66% of the Brazilian population and is responsible for 1.9% of the Brazilian GDP. Neighboring states (from west clockwise) are: Rondônia, Amazonas, Pará, Tocantins, Goiás and Mato Grosso do Sul. The state is roughly 82.2% of the size of its southwest neighbor, the nation of Bolivia. A state with a flat landscape that alternates between vast ''chapadas'' and plain areas, Mato Grosso contains three main ecosystems: the Cerrado, the Pantanal and the Amazon rainforest. The Chapada dos Guimarães National Park, with caves, grottoes, tracks, and waterfalls, is one of its tourist attractions. The extreme northwest of the state has a small part of the Amazonian forest. The Xingu Indigenous Park and the Araguaia River are in Mato Grosso. Farther south, the Pantanal, the world's largest wetland, is the habitat for nearly one thousand ...
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