| BUSINESSWEEK ONLINE : JULY 12, 1999 ISSUE | ||||||||
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| INTERNATIONAL -- LATIN AMERICA
How Brazil Could Benefit from Its Telecom Shakeup INVESTMENT Giants such as MCI WorldCom and France Telecom plan to invest at least $5 billion this year, helping the government finance its current account deficit, equal to 4.7% of GDP LOWER RATES Cutthroat competition will slash rates 10% annually for the next three years as customers pick their preferred carrier with every call COMPETITION The battle paves the way for a wider opening of the international and interstate call markets in 2002 DATA: BUSINESS WEEK _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ |
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RELATED ITEMS A Long-Distance Free-for-All in Brazil (int'l edition) TABLE: How Brazil Could Benefit from Its Telecom Shakeup INTERACT E-Mail to Business Week Online | |||
