Telefinance focuses on sectors of the economy that have
experienced unprecedented growth in recent years. However,
these same sectors have also been the ones to suffer in
varying degrees from the bursting of the Internet bubble.
Telefinance is focused on assisting its clients in dealing
with financing issues related to sales and growth as well
as those issues specific to the distress, such as restructuring,
that pervade these industries at present.
Telefinance expects that both Brazilian and international
investors will be interested in many of the new projects
and investment opportunities created by the deregulation
of the telecommunications sector beginning in 2002, and
with the coming change in the media regulations permitting
foreign investment.