Fábio de Oliveira Moser

Tele Norte Leste Participações SA offers a range of integrated telecommunication services, whicih include fixed-line and mobile telecommunication services, data transmission services, including broadband access services, ISP services and other services for residential customers, small, medium and large companies, and governmental agencies. The company operates in the following segments: Fixed-Line Services, Mobile Services and Other. The Fixed-Line Services segment includes its local fixed-line services, including public telephones, long-distance services, fixed-line data transmission services, and interconnections to its fixed-line network. The Mobile Services segment includes voice, mobile data communications and other value-added services, and interconnections to its mobile network. The Other segment includes its television services, ISP services, Internet portal, mobile phone payment system and call center. Tele Norte Leste Participações was founded on May 22, 1998 and is headquartered in Rio de Janeiro, Brazil.

Far Fator Administração de Recursos Ltda. (FAR) is the asset management subsidiary of Banco Fator SA, ultimately owned by Fator Empreendimentos e Participacoes Ltda. in Brazil.^ Established in 1997, the firm is based in Based in Sao Paulo and develops tailored products for individual and institutional clients including open and closed pension funds, the public sector and insurance companies.

Tele Norte Leste Participações SA offers a range of integrated telecommunication services, whicih include fixed-line and mobile telecommunication services, data transmission services, including broadband access services, ISP services and other services for residential customers, small, medium and large companies, and governmental agencies. The company operates in the following segments: Fixed-Line Services, Mobile Services and Other. The Fixed-Line Services segment includes its local fixed-line services, including public telephones, long-distance services, fixed-line data transmission services, and interconnections to its fixed-line network. The Mobile Services segment includes voice, mobile data communications and other value-added services, and interconnections to its mobile network. The Other segment includes its television services, ISP services, Internet portal, mobile phone payment system and call center. Tele Norte Leste Participações was founded on May 22, 1998 and is headquartered in Rio de Janeiro, Brazil.

Tele Norte Leste Participações SA offers a range of integrated telecommunication services, whicih include fixed-line and mobile telecommunication services, data transmission services, including broadband access services, ISP services and other services for residential customers, small, medium and large companies, and governmental agencies. The company operates in the following segments: Fixed-Line Services, Mobile Services and Other. The Fixed-Line Services segment includes its local fixed-line services, including public telephones, long-distance services, fixed-line data transmission services, and interconnections to its fixed-line network. The Mobile Services segment includes voice, mobile data communications and other value-added services, and interconnections to its mobile network. The Other segment includes its television services, ISP services, Internet portal, mobile phone payment system and call center. Tele Norte Leste Participações was founded on May 22, 1998 and is headquartered in Rio de Janeiro, Brazil.

Tele Norte Leste Participações SA offers a range of integrated telecommunication services, whicih include fixed-line and mobile telecommunication services, data transmission services, including broadband access services, ISP services and other services for residential customers, small, medium and large companies, and governmental agencies. The company operates in the following segments: Fixed-Line Services, Mobile Services and Other. The Fixed-Line Services segment includes its local fixed-line services, including public telephones, long-distance services, fixed-line data transmission services, and interconnections to its fixed-line network. The Mobile Services segment includes voice, mobile data communications and other value-added services, and interconnections to its mobile network. The Other segment includes its television services, ISP services, Internet portal, mobile phone payment system and call center. Tele Norte Leste Participações was founded on May 22, 1998 and is headquartered in Rio de Janeiro, Brazil.

Tele Norte Leste Participações SA offers a range of integrated telecommunication services, whicih include fixed-line and mobile telecommunication services, data transmission services, including broadband access services, ISP services and other services for residential customers, small, medium and large companies, and governmental agencies. The company operates in the following segments: Fixed-Line Services, Mobile Services and Other. The Fixed-Line Services segment includes its local fixed-line services, including public telephones, long-distance services, fixed-line data transmission services, and interconnections to its fixed-line network. The Mobile Services segment includes voice, mobile data communications and other value-added services, and interconnections to its mobile network. The Other segment includes its television services, ISP services, Internet portal, mobile phone payment system and call center. Tele Norte Leste Participações was founded on May 22, 1998 and is headquartered in Rio de Janeiro, Brazil.

Tele Norte Leste Participações SA offers a range of integrated telecommunication services, whicih include fixed-line and mobile telecommunication services, data transmission services, including broadband access services, ISP services and other services for residential customers, small, medium and large companies, and governmental agencies. The company operates in the following segments: Fixed-Line Services, Mobile Services and Other. The Fixed-Line Services segment includes its local fixed-line services, including public telephones, long-distance services, fixed-line data transmission services, and interconnections to its fixed-line network. The Mobile Services segment includes voice, mobile data communications and other value-added services, and interconnections to its mobile network. The Other segment includes its television services, ISP services, Internet portal, mobile phone payment system and call center. Tele Norte Leste Participações was founded on May 22, 1998 and is headquartered in Rio de Janeiro, Brazil.

Tele Norte Leste Participações SA offers a range of integrated telecommunication services, whicih include fixed-line and mobile telecommunication services, data transmission services, including broadband access services, ISP services and other services for residential customers, small, medium and large companies, and governmental agencies. The company operates in the following segments: Fixed-Line Services, Mobile Services and Other. The Fixed-Line Services segment includes its local fixed-line services, including public telephones, long-distance services, fixed-line data transmission services, and interconnections to its fixed-line network. The Mobile Services segment includes voice, mobile data communications and other value-added services, and interconnections to its mobile network. The Other segment includes its television services, ISP services, Internet portal, mobile phone payment system and call center. Tele Norte Leste Participações was founded on May 22, 1998 and is headquartered in Rio de Janeiro, Brazil.

Tele Norte Leste Participações SA offers a range of integrated telecommunication services, whicih include fixed-line and mobile telecommunication services, data transmission services, including broadband access services, ISP services and other services for residential customers, small, medium and large companies, and governmental agencies. The company operates in the following segments: Fixed-Line Services, Mobile Services and Other. The Fixed-Line Services segment includes its local fixed-line services, including public telephones, long-distance services, fixed-line data transmission services, and interconnections to its fixed-line network. The Mobile Services segment includes voice, mobile data communications and other value-added services, and interconnections to its mobile network. The Other segment includes its television services, ISP services, Internet portal, mobile phone payment system and call center. Tele Norte Leste Participações was founded on May 22, 1998 and is headquartered in Rio de Janeiro, Brazil.

Tele Norte Leste Participações SA offers a range of integrated telecommunication services, whicih include fixed-line and mobile telecommunication services, data transmission services, including broadband access services, ISP services and other services for residential customers, small, medium and large companies, and governmental agencies. The company operates in the following segments: Fixed-Line Services, Mobile Services and Other. The Fixed-Line Services segment includes its local fixed-line services, including public telephones, long-distance services, fixed-line data transmission services, and interconnections to its fixed-line network. The Mobile Services segment includes voice, mobile data communications and other value-added services, and interconnections to its mobile network. The Other segment includes its television services, ISP services, Internet portal, mobile phone payment system and call center. Tele Norte Leste Participações was founded on May 22, 1998 and is headquartered in Rio de Janeiro, Brazil.

Tele Norte Leste Participações SA offers a range of integrated telecommunication services, whicih include fixed-line and mobile telecommunication services, data transmission services, including broadband access services, ISP services and other services for residential customers, small, medium and large companies, and governmental agencies. The company operates in the following segments: Fixed-Line Services, Mobile Services and Other. The Fixed-Line Services segment includes its local fixed-line services, including public telephones, long-distance services, fixed-line data transmission services, and interconnections to its fixed-line network. The Mobile Services segment includes voice, mobile data communications and other value-added services, and interconnections to its mobile network. The Other segment includes its television services, ISP services, Internet portal, mobile phone payment system and call center. Tele Norte Leste Participações was founded on May 22, 1998 and is headquartered in Rio de Janeiro, Brazil.

Far Fator Administração de Recursos Ltda. (FAR) is the asset management subsidiary of Banco Fator SA, ultimately owned by Fator Empreendimentos e Participacoes Ltda. in Brazil.^ Established in 1997, the firm is based in Based in Sao Paulo and develops tailored products for individual and institutional clients including open and closed pension funds, the public sector and insurance companies.

Tele Norte Leste Participações SA offers a range of integrated telecommunication services, whicih include fixed-line and mobile telecommunication services, data transmission services, including broadband access services, ISP services and other services for residential customers, small, medium and large companies, and governmental agencies. The company operates in the following segments: Fixed-Line Services, Mobile Services and Other. The Fixed-Line Services segment includes its local fixed-line services, including public telephones, long-distance services, fixed-line data transmission services, and interconnections to its fixed-line network. The Mobile Services segment includes voice, mobile data communications and other value-added services, and interconnections to its mobile network. The Other segment includes its television services, ISP services, Internet portal, mobile phone payment system and call center. Tele Norte Leste Participações was founded on May 22, 1998 and is headquartered in Rio de Janeiro, Brazil.

Tele Norte Leste Participações SA offers a range of integrated telecommunication services, whicih include fixed-line and mobile telecommunication services, data transmission services, including broadband access services, ISP services and other services for residential customers, small, medium and large companies, and governmental agencies. The company operates in the following segments: Fixed-Line Services, Mobile Services and Other. The Fixed-Line Services segment includes its local fixed-line services, including public telephones, long-distance services, fixed-line data transmission services, and interconnections to its fixed-line network. The Mobile Services segment includes voice, mobile data communications and other value-added services, and interconnections to its mobile network. The Other segment includes its television services, ISP services, Internet portal, mobile phone payment system and call center. Tele Norte Leste Participações was founded on May 22, 1998 and is headquartered in Rio de Janeiro, Brazil.

Far Fator Administração de Recursos Ltda. (FAR) is the asset management subsidiary of Banco Fator SA, ultimately owned by Fator Empreendimentos e Participacoes Ltda. in Brazil.^ Established in 1997, the firm is based in Based in Sao Paulo and develops tailored products for individual and institutional clients including open and closed pension funds, the public sector and insurance companies.

Far Fator Administração de Recursos Ltda. (FAR) is the asset management subsidiary of Banco Fator SA, ultimately owned by Fator Empreendimentos e Participacoes Ltda. in Brazil.^ Established in 1997, the firm is based in Based in Sao Paulo and develops tailored products for individual and institutional clients including open and closed pension funds, the public sector and insurance companies.

Far Fator Administração de Recursos Ltda. (FAR) is the asset management subsidiary of Banco Fator SA, ultimately owned by Fator Empreendimentos e Participacoes Ltda. in Brazil.^ Established in 1997, the firm is based in Based in Sao Paulo and develops tailored products for individual and institutional clients including open and closed pension funds, the public sector and insurance companies.

Far Fator Administração de Recursos Ltda. (FAR) is the asset management subsidiary of Banco Fator SA, ultimately owned by Fator Empreendimentos e Participacoes Ltda. in Brazil.^ Established in 1997, the firm is based in Based in Sao Paulo and develops tailored products for individual and institutional clients including open and closed pension funds, the public sector and insurance companies.

Far Fator Administração de Recursos Ltda. (FAR) is the asset management subsidiary of Banco Fator SA, ultimately owned by Fator Empreendimentos e Participacoes Ltda. in Brazil.^ Established in 1997, the firm is based in Based in Sao Paulo and develops tailored products for individual and institutional clients including open and closed pension funds, the public sector and insurance companies.

Far Fator Administração de Recursos Ltda. (FAR) is the asset management subsidiary of Banco Fator SA, ultimately owned by Fator Empreendimentos e Participacoes Ltda. in Brazil.^ Established in 1997, the firm is based in Based in Sao Paulo and develops tailored products for individual and institutional clients including open and closed pension funds, the public sector and insurance companies.

Tele Norte Leste Participações SA offers a range of integrated telecommunication services, whicih include fixed-line and mobile telecommunication services, data transmission services, including broadband access services, ISP services and other services for residential customers, small, medium and large companies, and governmental agencies. The company operates in the following segments: Fixed-Line Services, Mobile Services and Other. The Fixed-Line Services segment includes its local fixed-line services, including public telephones, long-distance services, fixed-line data transmission services, and interconnections to its fixed-line network. The Mobile Services segment includes voice, mobile data communications and other value-added services, and interconnections to its mobile network. The Other segment includes its television services, ISP services, Internet portal, mobile phone payment system and call center. Tele Norte Leste Participações was founded on May 22, 1998 and is headquartered in Rio de Janeiro, Brazil.

Tele Norte Leste Participações SA offers a range of integrated telecommunication services, whicih include fixed-line and mobile telecommunication services, data transmission services, including broadband access services, ISP services and other services for residential customers, small, medium and large companies, and governmental agencies. The company operates in the following segments: Fixed-Line Services, Mobile Services and Other. The Fixed-Line Services segment includes its local fixed-line services, including public telephones, long-distance services, fixed-line data transmission services, and interconnections to its fixed-line network. The Mobile Services segment includes voice, mobile data communications and other value-added services, and interconnections to its mobile network. The Other segment includes its television services, ISP services, Internet portal, mobile phone payment system and call center. Tele Norte Leste Participações was founded on May 22, 1998 and is headquartered in Rio de Janeiro, Brazil.

Tele Norte Leste Participações SA offers a range of integrated telecommunication services, whicih include fixed-line and mobile telecommunication services, data transmission services, including broadband access services, ISP services and other services for residential customers, small, medium and large companies, and governmental agencies. The company operates in the following segments: Fixed-Line Services, Mobile Services and Other. The Fixed-Line Services segment includes its local fixed-line services, including public telephones, long-distance services, fixed-line data transmission services, and interconnections to its fixed-line network. The Mobile Services segment includes voice, mobile data communications and other value-added services, and interconnections to its mobile network. The Other segment includes its television services, ISP services, Internet portal, mobile phone payment system and call center. Tele Norte Leste Participações was founded on May 22, 1998 and is headquartered in Rio de Janeiro, Brazil.

Tele Norte Leste Participações SA offers a range of integrated telecommunication services, whicih include fixed-line and mobile telecommunication services, data transmission services, including broadband access services, ISP services and other services for residential customers, small, medium and large companies, and governmental agencies. The company operates in the following segments: Fixed-Line Services, Mobile Services and Other. The Fixed-Line Services segment includes its local fixed-line services, including public telephones, long-distance services, fixed-line data transmission services, and interconnections to its fixed-line network. The Mobile Services segment includes voice, mobile data communications and other value-added services, and interconnections to its mobile network. The Other segment includes its television services, ISP services, Internet portal, mobile phone payment system and call center. Tele Norte Leste Participações was founded on May 22, 1998 and is headquartered in Rio de Janeiro, Brazil.

Tele Norte Leste Participações SA offers a range of integrated telecommunication services, whicih include fixed-line and mobile telecommunication services, data transmission services, including broadband access services, ISP services and other services for residential customers, small, medium and large companies, and governmental agencies. The company operates in the following segments: Fixed-Line Services, Mobile Services and Other. The Fixed-Line Services segment includes its local fixed-line services, including public telephones, long-distance services, fixed-line data transmission services, and interconnections to its fixed-line network. The Mobile Services segment includes voice, mobile data communications and other value-added services, and interconnections to its mobile network. The Other segment includes its television services, ISP services, Internet portal, mobile phone payment system and call center. Tele Norte Leste Participações was founded on May 22, 1998 and is headquartered in Rio de Janeiro, Brazil.

Tele Norte Leste Participações SA offers a range of integrated telecommunication services, whicih include fixed-line and mobile telecommunication services, data transmission services, including broadband access services, ISP services and other services for residential customers, small, medium and large companies, and governmental agencies. The company operates in the following segments: Fixed-Line Services, Mobile Services and Other. The Fixed-Line Services segment includes its local fixed-line services, including public telephones, long-distance services, fixed-line data transmission services, and interconnections to its fixed-line network. The Mobile Services segment includes voice, mobile data communications and other value-added services, and interconnections to its mobile network. The Other segment includes its television services, ISP services, Internet portal, mobile phone payment system and call center. Tele Norte Leste Participações was founded on May 22, 1998 and is headquartered in Rio de Janeiro, Brazil.

Tele Norte Leste Participações SA offers a range of integrated telecommunication services, whicih include fixed-line and mobile telecommunication services, data transmission services, including broadband access services, ISP services and other services for residential customers, small, medium and large companies, and governmental agencies. The company operates in the following segments: Fixed-Line Services, Mobile Services and Other. The Fixed-Line Services segment includes its local fixed-line services, including public telephones, long-distance services, fixed-line data transmission services, and interconnections to its fixed-line network. The Mobile Services segment includes voice, mobile data communications and other value-added services, and interconnections to its mobile network. The Other segment includes its television services, ISP services, Internet portal, mobile phone payment system and call center. Tele Norte Leste Participações was founded on May 22, 1998 and is headquartered in Rio de Janeiro, Brazil.

Tele Norte Leste Participações SA offers a range of integrated telecommunication services, whicih include fixed-line and mobile telecommunication services, data transmission services, including broadband access services, ISP services and other services for residential customers, small, medium and large companies, and governmental agencies. The company operates in the following segments: Fixed-Line Services, Mobile Services and Other. The Fixed-Line Services segment includes its local fixed-line services, including public telephones, long-distance services, fixed-line data transmission services, and interconnections to its fixed-line network. The Mobile Services segment includes voice, mobile data communications and other value-added services, and interconnections to its mobile network. The Other segment includes its television services, ISP services, Internet portal, mobile phone payment system and call center. Tele Norte Leste Participações was founded on May 22, 1998 and is headquartered in Rio de Janeiro, Brazil.

Tele Norte Leste Participações SA offers a range of integrated telecommunication services, whicih include fixed-line and mobile telecommunication services, data transmission services, including broadband access services, ISP services and other services for residential customers, small, medium and large companies, and governmental agencies. The company operates in the following segments: Fixed-Line Services, Mobile Services and Other. The Fixed-Line Services segment includes its local fixed-line services, including public telephones, long-distance services, fixed-line data transmission services, and interconnections to its fixed-line network. The Mobile Services segment includes voice, mobile data communications and other value-added services, and interconnections to its mobile network. The Other segment includes its television services, ISP services, Internet portal, mobile phone payment system and call center. Tele Norte Leste Participações was founded on May 22, 1998 and is headquartered in Rio de Janeiro, Brazil.

Far Fator Administração de Recursos Ltda. (FAR) is the asset management subsidiary of Banco Fator SA, ultimately owned by Fator Empreendimentos e Participacoes Ltda. in Brazil.^ Established in 1997, the firm is based in Based in Sao Paulo and develops tailored products for individual and institutional clients including open and closed pension funds, the public sector and insurance companies.

Far Fator Administração de Recursos Ltda. (FAR) is the asset management subsidiary of Banco Fator SA, ultimately owned by Fator Empreendimentos e Participacoes Ltda. in Brazil.^ Established in 1997, the firm is based in Based in Sao Paulo and develops tailored products for individual and institutional clients including open and closed pension funds, the public sector and insurance companies.

Tele Norte Leste Participações SA offers a range of integrated telecommunication services, whicih include fixed-line and mobile telecommunication services, data transmission services, including broadband access services, ISP services and other services for residential customers, small, medium and large companies, and governmental agencies. The company operates in the following segments: Fixed-Line Services, Mobile Services and Other. The Fixed-Line Services segment includes its local fixed-line services, including public telephones, long-distance services, fixed-line data transmission services, and interconnections to its fixed-line network. The Mobile Services segment includes voice, mobile data communications and other value-added services, and interconnections to its mobile network. The Other segment includes its television services, ISP services, Internet portal, mobile phone payment system and call center. Tele Norte Leste Participações was founded on May 22, 1998 and is headquartered in Rio de Janeiro, Brazil.

Tele Norte Leste Participações SA offers a range of integrated telecommunication services, whicih include fixed-line and mobile telecommunication services, data transmission services, including broadband access services, ISP services and other services for residential customers, small, medium and large companies, and governmental agencies. The company operates in the following segments: Fixed-Line Services, Mobile Services and Other. The Fixed-Line Services segment includes its local fixed-line services, including public telephones, long-distance services, fixed-line data transmission services, and interconnections to its fixed-line network. The Mobile Services segment includes voice, mobile data communications and other value-added services, and interconnections to its mobile network. The Other segment includes its television services, ISP services, Internet portal, mobile phone payment system and call center. Tele Norte Leste Participações was founded on May 22, 1998 and is headquartered in Rio de Janeiro, Brazil.

Tele Norte Leste Participações SA offers a range of integrated telecommunication services, whicih include fixed-line and mobile telecommunication services, data transmission services, including broadband access services, ISP services and other services for residential customers, small, medium and large companies, and governmental agencies. The company operates in the following segments: Fixed-Line Services, Mobile Services and Other. The Fixed-Line Services segment includes its local fixed-line services, including public telephones, long-distance services, fixed-line data transmission services, and interconnections to its fixed-line network. The Mobile Services segment includes voice, mobile data communications and other value-added services, and interconnections to its mobile network. The Other segment includes its television services, ISP services, Internet portal, mobile phone payment system and call center. Tele Norte Leste Participações was founded on May 22, 1998 and is headquartered in Rio de Janeiro, Brazil.

Tele Norte Leste Participações SA offers a range of integrated telecommunication services, whicih include fixed-line and mobile telecommunication services, data transmission services, including broadband access services, ISP services and other services for residential customers, small, medium and large companies, and governmental agencies. The company operates in the following segments: Fixed-Line Services, Mobile Services and Other. The Fixed-Line Services segment includes its local fixed-line services, including public telephones, long-distance services, fixed-line data transmission services, and interconnections to its fixed-line network. The Mobile Services segment includes voice, mobile data communications and other value-added services, and interconnections to its mobile network. The Other segment includes its television services, ISP services, Internet portal, mobile phone payment system and call center. Tele Norte Leste Participações was founded on May 22, 1998 and is headquartered in Rio de Janeiro, Brazil.

Tele Norte Leste Participações SA offers a range of integrated telecommunication services, whicih include fixed-line and mobile telecommunication services, data transmission services, including broadband access services, ISP services and other services for residential customers, small, medium and large companies, and governmental agencies. The company operates in the following segments: Fixed-Line Services, Mobile Services and Other. The Fixed-Line Services segment includes its local fixed-line services, including public telephones, long-distance services, fixed-line data transmission services, and interconnections to its fixed-line network. The Mobile Services segment includes voice, mobile data communications and other value-added services, and interconnections to its mobile network. The Other segment includes its television services, ISP services, Internet portal, mobile phone payment system and call center. Tele Norte Leste Participações was founded on May 22, 1998 and is headquartered in Rio de Janeiro, Brazil.

Tele Norte Leste Participações SA offers a range of integrated telecommunication services, whicih include fixed-line and mobile telecommunication services, data transmission services, including broadband access services, ISP services and other services for residential customers, small, medium and large companies, and governmental agencies. The company operates in the following segments: Fixed-Line Services, Mobile Services and Other. The Fixed-Line Services segment includes its local fixed-line services, including public telephones, long-distance services, fixed-line data transmission services, and interconnections to its fixed-line network. The Mobile Services segment includes voice, mobile data communications and other value-added services, and interconnections to its mobile network. The Other segment includes its television services, ISP services, Internet portal, mobile phone payment system and call center. Tele Norte Leste Participações was founded on May 22, 1998 and is headquartered in Rio de Janeiro, Brazil.

Tele Norte Leste Participações SA offers a range of integrated telecommunication services, whicih include fixed-line and mobile telecommunication services, data transmission services, including broadband access services, ISP services and other services for residential customers, small, medium and large companies, and governmental agencies. The company operates in the following segments: Fixed-Line Services, Mobile Services and Other. The Fixed-Line Services segment includes its local fixed-line services, including public telephones, long-distance services, fixed-line data transmission services, and interconnections to its fixed-line network. The Mobile Services segment includes voice, mobile data communications and other value-added services, and interconnections to its mobile network. The Other segment includes its television services, ISP services, Internet portal, mobile phone payment system and call center. Tele Norte Leste Participações was founded on May 22, 1998 and is headquartered in Rio de Janeiro, Brazil.

Tele Norte Leste Participações SA offers a range of integrated telecommunication services, whicih include fixed-line and mobile telecommunication services, data transmission services, including broadband access services, ISP services and other services for residential customers, small, medium and large companies, and governmental agencies. The company operates in the following segments: Fixed-Line Services, Mobile Services and Other. The Fixed-Line Services segment includes its local fixed-line services, including public telephones, long-distance services, fixed-line data transmission services, and interconnections to its fixed-line network. The Mobile Services segment includes voice, mobile data communications and other value-added services, and interconnections to its mobile network. The Other segment includes its television services, ISP services, Internet portal, mobile phone payment system and call center. Tele Norte Leste Participações was founded on May 22, 1998 and is headquartered in Rio de Janeiro, Brazil.

Tele Norte Leste Participações SA offers a range of integrated telecommunication services, whicih include fixed-line and mobile telecommunication services, data transmission services, including broadband access services, ISP services and other services for residential customers, small, medium and large companies, and governmental agencies. The company operates in the following segments: Fixed-Line Services, Mobile Services and Other. The Fixed-Line Services segment includes its local fixed-line services, including public telephones, long-distance services, fixed-line data transmission services, and interconnections to its fixed-line network. The Mobile Services segment includes voice, mobile data communications and other value-added services, and interconnections to its mobile network. The Other segment includes its television services, ISP services, Internet portal, mobile phone payment system and call center. Tele Norte Leste Participações was founded on May 22, 1998 and is headquartered in Rio de Janeiro, Brazil.

Tele Norte Leste Participações SA offers a range of integrated telecommunication services, whicih include fixed-line and mobile telecommunication services, data transmission services, including broadband access services, ISP services and other services for residential customers, small, medium and large companies, and governmental agencies. The company operates in the following segments: Fixed-Line Services, Mobile Services and Other. The Fixed-Line Services segment includes its local fixed-line services, including public telephones, long-distance services, fixed-line data transmission services, and interconnections to its fixed-line network. The Mobile Services segment includes voice, mobile data communications and other value-added services, and interconnections to its mobile network. The Other segment includes its television services, ISP services, Internet portal, mobile phone payment system and call center. Tele Norte Leste Participações was founded on May 22, 1998 and is headquartered in Rio de Janeiro, Brazil.

Far Fator Administração de Recursos Ltda. (FAR) is the asset management subsidiary of Banco Fator SA, ultimately owned by Fator Empreendimentos e Participacoes Ltda. in Brazil.^ Established in 1997, the firm is based in Based in Sao Paulo and develops tailored products for individual and institutional clients including open and closed pension funds, the public sector and insurance companies.