Porto Seguro Released Notice to Market
OREANDA-NEWS. February 16, 2011. Porto Seguro S.A. ("Porto Seguro") announces that, through its subsidiaries, it has a project underway to provide Personal Mobile Service over a Virtual Network, to be implemented in conjunction with Chiacomm do Brasil Holding Ltda. (controller of Datora Telecom). For this project, Porto Seguros Servicos e Comercio S.A. and Chiacomm do Brasil Holding Ltda. became shareholders of Porto Seguro Telecomunicacoes S.A. in order to allow this company to request qualification as an authorized service provider from the National Telecommunications Agency (Anatel). Also under the scope of this project, Porto Seguro Telecomunicacoes S.A. entered into an infrastructure sharing agreement with TIM Celular S.A. to offer Personal Mobile Service via a Virtual Network.
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