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NEW YORK ( TheStreet) -- Tele Norte Leste Holding Company (NYSE: TNE) hit a new 52-week low Monday as it is currently trading at $11.04, below its previous 52-week low of $11.05 with 138,662 shares traded as of 10:16 a.m. ET. Average volume has been 1.6 million shares over the past 30 days. Tele Norte Leste Holding has a market cap of $5.4 billion and is part of the technology sector and telecommunications industry. Tele Norte Leste Participacoes S.A. provides telecommunication services primarily in Brazil. It offers a portfolio of integrated and convergent communication products that include regular fixed and mobile telephony, data transmission, and ISP services.