Net Serviços de Comunicação S/A

Net Serviços de Comunicação S/A

Type	Subsidiary (BM&F Bovespa: NETC3, NETC4 NYSE: NETC BMAD: XNET)
Founded	(1991)
Headquarters	São Paulo, Brazil
Key people	José Félix
Industry	Telecommunication
Products	Cable television
Revenue	▲ R$ 3.6 billion (2008)
Employees	12 000
Parent	Organizações Globo
Website	netbrasil.globo.com nettv.globo.com

Net Serviços de Comunicação S.A. (BM&F Bovespa: NETC3, NETC4 / NYSE: NETC / BMAD: XNET) is the largest cable television operator in Latin America. The company's Net service (cable TV) had around 3.5 million subscribers as of June 2009. Net also operates the broadband internet service Net Vírtua, with 2.6 million subscribers and telephone over cable (under the Net Fone via Embratel name) with 2.3 million subscribers.

History

NET was started in 1991^{[citation needed]} by Brazil's Roberto Marinho family's part of their TV Globo empire. In March 2005, Embratel, a subsidiary of Mexico's Telmex, took a controlling stake in NET, paying 570 million reais.

Net Serviços' stock is traded on Bovespa, where it is part of the Ibovespa index.

The company announced in late 2006 that it would buy Vivax, then the nation's second-largest cable company. The transaction was approved in May 2007 and completed in June 2007. Rollout of the Net brand in Vivax areas was completed in December 2007.

In the middle of 2008 NET becomes the first cable operator in Brazil to ofer all the Discovery Latin America channels: Discovery Channel, Animal Planet, Discovery Kids, People+Arts, Discovery Travel & Living, Discovery Home & Health, Discovery Science, Discovery Civilization and Discovery Turbo.

Channels

The list below show the list of Net Digital HD channels in Rio de Janeiro in August 2009:

Cooming soon

• Hallmark Channel/Studio Universal
• The Biography Channel
• Telecine HD Simulcast
• Multishow HD

See also

• Organizações Globo

External links

• The company's home page in Portuguese
• The company's web site in English

Companies portal

v • d • e Ibovespa companies of Brazil AES Eletropaulo · ALL · AmBev · B2W Varejo · BM&F Bovespa · Banco do Brasil · Bradesco · Bradespar · Brasil Telecom · Braskem · BRF · CCR · Celesc · CEMIG · CESP · Comgás · Copel · Cosan · CPFL Energia · CSN · Cyrela Brazil Realty · Duratex S.A · Eletrobrás · Embraer · Fibria · Gafisa · Gerdau · Gol · Itaú Unibanco · Itaúsa · Iochpe-Maxion · JBS · Klabin · Light · Lojas Americanas · Lojas Renner · Metalurgica Gerdau · MMX Mineração · Natura · Net · Oi · Pão de Açúcar · Petrobras · Redecard · Rossi · Sabesp · Souza Cruz · TAM · Telefônica · TIM · Transmissão Paulista · Ultrapar · Usiminas · Vale · Vivo ·

This article about a media company is a stub. You can help Wikipedia by expanding it. v • d • e