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Why is TELB3 down 46.55%?
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TELB3:BVMF
Telecomunicacoes Brasileiras SA - TELBRS
R$15.50
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-46.55%(-13.50) 1D
Oct 26, 4:45:16 PM GMT-3 · BRL
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| Symbol | Price | Change | % Change |
|---|
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Open
R$15.00
High
R$16.00
Low
R$12.50
Mkt. cap
1.65B
Avg. vol.
3.07K
Volume
12.30K
P/E ratio
11.40
52-wk high
R$33.90
52-wk low
R$9.95
EPS
R$1.36
Shares outstanding
83.58M
No. of employees
453
Open
R$15.00
High
R$16.00
Low
R$12.50
Mkt. cap
1.65B
Avg. vol.
3.07K
Volume
12.30K
P/E ratio
11.40
52-wk high
R$33.90
52-wk low
R$9.95
EPS
R$1.36
Shares outstanding
83.58M
No. of employees
453
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Profile
Telebras is a Brazilian telecommunications company which was the state-owned monopoly telephone system. It was broken up in July 1998 into twelve separate companies, nicknamed the 'Baby Bras' companies, that were auctioned to private bidders. The new companies were the long distance operator Embratel, three fixed line regional telephony companies and eight cellular companies. It was re-established in 2010 according to Decree No. 7.175 that established the National Broadband Plan, when then-President Luiz Inácio Lula da Silva tasked it with managing a nationwide plan to expand broadband Internet access. Telebras implements the private communication network of the federal public administration, public policy support and supports broadband, besides providing infrastructure and support networks to telecommunications services provided by private companies, states, Federal District, municipalities and nonprofits. Wikipedia
About Telecomunicacoes Brasileiras SA - TELBRS
CEO-
Employees453
FoundedNov 9, 1972
HeadquartersBrasília, Federal District, Brazil
SectorTelecommunications
Websitetelebras.com.br