Net Serviços de Comunicação S/A
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| Type | Subsidiary (BM&F Bovespa: NETC3, NETC4 NYSE: NETC Latibex: XNET) |
|---|---|
| Founded | (1991) |
| Headquarters | |
| 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 / Latibex: 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.
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[edit] 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.
[edit] Channels
The list below show the list of Net Digital HD channels in Rio de Janeiro in August 2009:
[edit] Cooming soon
- Hallmark Channel/Studio Universal
- The Biography Channel
- Telecine HD Simulcast
- Multishow HD
[edit] See also
[edit] External links
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