Embratel

Summary

Embratel
TypeBrand of Claro S.A.
IndustryTelecommunications
Founded16 September 1965 (demerger from Telebrás)
29 July 1998 (privatisation)
SuccessorClaro Brasil (since 2015)
Headquarters,
Key people
José Formoso Martínez, (Chairman)
ProductsFixed & Mobile telecommunications
Internet services
Cable television
RevenueIncrease US$ 9.0 billion (2013)
Decrease US$ 180.0 million (2013)
Number of employees
12,000
ParentClaro (América Móvil)
SubsidiariesEmbratel Star One
Websitewww.embratel.com.br
Manhole of Embratel in Belo Horizonte.

Embratel is a major Brazilian telecommunications company headquartered in Rio de Janeiro. The company was the long distance arm of Telebras until it was bought by the U.S. company MCI Communications for 2.65 billion reais during the 1998 break-up of Telebras. However, MCI Communications went bankrupt in 2003. Since 2003, it is owned by América Móvil, the Mexican telecommunications giant.

Embratel is a major player in both voice and data communication in Brazil. The company owns a fully digitized microwave communications and fiber optic networks as well as five domestic communication satellites. The company is a member of the Intelsat and Inmarsat organizations and it owns four fiber optics submarine cable systems - Unisur, Americas II, Atlantis-2 and Columbus III.

Embratel's stock was traded on BM&F Bovespa.

In Heraldry

Some of the company's equipment is represented on the coat of arms of Tanguá, Brazil.[1]

Via Embratel subscription TV service

In 2008, Embratel launched its pay TV service. It was named Via Embratel and operates in Ku Band on satellite Star One C2. The service is currently branded Claro hdtv.

See also

External links

  • The company's home page in English
  • Claro hdtv package at Lyngsat