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Brasil Telecom

Logo: Brasil Telecom, Public domain, via Wikimedia Commons3

Brasil Telecom S.A. (Brazilian Portuguese pronunciation: [bɾaˈziw teleˈkõw]; BrT) was a major Brazilian telecommunications company headquartered in the Brazilian capital of Brasília. The company was one of three landlines and eight mobile telephone companies – and only long-distance service provider – that emerged in Brazil following the break-up of Telebrás.2 From Wikipedia, CC BY-SA 4.0

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Last updated Oct 16, 2026.

Overview

1998Founded1

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Brasil Telecom S.A. (Brazilian Portuguese pronunciation: [bɾaˈziw teleˈkõw]; BrT) was a major Brazilian telecommunications company headquartered in the Brazilian capital of Brasília. The company was one of three landlines 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, Rondônia, Goiás, Tocantins, Mato Grosso, Mato Grosso do Sul, Paraná, Santa Catarina and Rio Grande do Sul, as well as the Distrito Federal. Since 9 January 2009, the company is a subsidiary of Oi.2

How it started

History

The Brazilian investment bank Opportunity, which managed funds for investors including Citigroup and some Brazilian pension funds, in partnership with Telecom Italia, paid 2.07 billion reais in June 1998 to buy Tele Centro Sul from the Brazilian government as part of the privatization process of Telebrás. In 2001, the company purchased a small stake in the iBest Co. website and launched a portal and free internet access service; at the time, the Marcos Wettreich was the main shareholder in iBest. After some legal wrangling, Citigroup and the Brazilian pension funds took control of the company, removing Opportunity from the management of their respective funds and took control of the company in 2005. BrT started up a wireless service in 2004.

Brasil Telecom's stock was traded on BM&F Bovespa, where it is part of the Ibovespa index, as well as on the New York Stock Exchange.

In 2008, it was announced that Brasil Telecom would be acquired by Oi. That transaction required changes in legislation, since legislation at the time prohibited a fixed telephone company from purchasing another fixed telephone company in a different license area. That legislation has since changed, and Oi completed its purchase of BrT on January 9, 2009.

From Wikipedia’s article on Brasil Telecom, shared under CC BY-SA 4.0.2

Products and brands

  • landline telephone

Listed on Wikidata.1

Subsidiaries and ownership

Owners

From Wikidata.1

Timeline

  1. 2009Dissolved Dissolved1
  2. 1998Founded Founded1

Sources

The numbers on this page point here. Each one links to the record it came from.

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