A BRAZILIAN COURT.

A BRAZILIAN COURT ordered Sprint to sell its 25% stake in long-distance company Intelig Telecomunicacoes to guarantee fair competition. The decision came after Sprint's Intelig partners, U.K.-based electric utility National Grid Group (50%) and France Telecom (25%), asserted that Sprint's merger with MCI WorldCom, which controls Brazil's largest long-distance company, Embratel, would make it impossible for Intelig to compete.

COPYRIGHT 2000 Freedom Magazines, Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.

Reader Opinion

Article Details
Printer friendly Cite/link Email Feedback
Title Annotation:	International Pages
Publication:	Latin Trade
Article Type:	Brief Article
Geographic Code:	3BRAZ
Date:	Apr 1, 2000
Words:	61
Previous Article:	WORLD BANK.(International Pages)(Brief Article)
Next Article:	VESPER SAO PAULO.(International Pages)(Brief Article)
Topics:	Long distance telephone services Telecommunications industry Mergers, acquisitions and divestments Telecommunications services industry Mergers, acquisitions and divestments Telephone services

Related Articles
Aborting history.(abortion activism)
Florida court favors Amex employee in holding-out case. (American Express Tax and Business Services)
Was it something we said? The government's defensive reply to TEI's amicus brief in Mead strikes a nerve.(Tax Executives Institute, United States v....
Corrections.(Correction Notice)
It's the law. (Panorama).(legal cases briefs, Latin America)
Information for authors.
Editorial.(men's magazines)
Hallucinogenic tea: a constitutional right?(catholic tastes)
Firm and best impressions.(Letters)(Letter to the Editor)
Defense and prosecution.(letters to the editor)(Letter to the editor)