Telebrás is a small state-owned company with an outsized job: it runs Brazil's secure government communications network and a satellite that serves remote schools, hospitals and military posts. It is also a reminder of how a former monopoly was rebuilt, in miniature, for a strategic purpose. Full nameTelecomunicações Brasileiras S.A. – Telebrás Tickers / exchangeTELB3 / B3 (São Paulo) HeadquartersBrasília, Brazil SectorCommunication services – telecom Employees453 Market valueR$3.10bn (US$621m) Yearly salesR$491m (US$98.4m) Net profitR$140.5m (US$28.2m) Net margin25.3% (our calculation) Return on equity8.5% Price-to-earnings20.5x Dividend yieldNone paid Websitetelebras.com.br What it is …
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