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Brazil Telecom Firm Oi To Simplify Ownership Structure >TNE

Wall Street Journal | May 24, 2011 | Rogerio Jelmayer

SAO PAULO (Dow Jones)-Brazil’s largest telecommunications company, Tele Norte Leste Participacoes S.A. (TNE), or Oi, on Tuesday unveiled a plan to simplify its ownership structure to make its shares more attractive and reduce operating costs.

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