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Adelphia bankruptcy will affect Brazilian operations in medium term
quinta-feira, 27 de junho de 2002 , 16h59 | POR REDAÇÃO

Paulo Martins, head of Adelphia Brazil, says local operations will be affected by the U.S. parent company?s Chapter 11 bankruptcy only in the medium term. There won?t be an immediate impact because network buildout was practically completed last year and the subsidiary is close to break-even, hence relatively autonomous in financial terms. Of course, growth and penetration of new markets will be a problem from now on, given the lack of new funds for investment.

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