Embratel. (Brazil).

EMBRATEL, Brazil's largest long distance provider, posted a US$16 million loss in the first quarter of 2002. Controlled by U.S.-based WorldCom The former name of MCI. Based in Jackson, MS, WorldCom, Inc. was a major, international telecommunications carrier. It was founded in 1983 by Bernard Ebbers as Long Distance Discount Service (LDDS), a reseller of AT&T WATS lines to small businesses. , Embratel has not shown a profit since the fourth quarter of 2000.

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Author:	Dempsey, Mary A.
Publication:	Latin Trade
Date:	Jul 1, 2002
Words:	36
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