TEXT-S&P raises Net Servicos de Comunicacao S.A. ratings

Reuters: Telecommunications Services

Fri, 6 Jul 2012

(The following statement was released by the rating agency) Overview -- During the first quarter of 2012, Embrapar, which is ultimately controlled by AMX, acquired indirect control of Brazilian cable TV operator NET Servicos de Counicacao S.A. (Net) from Globo. -- As a result, Embrapar and its ...

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