Tele Norte Leste Participações S.A. (
Q3 2011 Earnings Conference Call
October 28, 2011 9:30 AM ET
Alex Zornig – CFO and IR Officer
Tarso Rebello – Controller
Paulo Mattos - Regulatory Affairs Director
Andrew Campbell - Credit Suisse
Sean Glickenhaus – HSBC
Michelle Morin – Morgan Stanley
Diego Aargau - Silverbridge
Andrew Basu – JPMorgan
Good morning ladies and gentlemen. Thank you for standing by and welcome to OI’s conference call to discuss the third quarter of 2011 results of OI and its direct and indirect subsidiaries. This event is also being broadcast simultaneously on the Internet via webcast, which can be accessed on the Company’s IR website, www.oi.com.br/ir together with the respective presentation and the earnings release.
We would like to inform that during the Company’s presentation, all participants will only be able to listen to the call. We will then begin the question-and-answer session when further instructions will be given. (Operator Instructions)
This conference call contains forward-looking statements that are subject to known and unknown risks and uncertainties that could cause the company’s actual results to differ materially from those in the forward-looking statements. Such statements speak only as of the date they are made, and the company is under no obligation to update them in light of the new information or future developments.
I will now turn the conference over to Mr. Alex Zornig, CFO and IRO. Please Mr. Alex you may proceed.