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(The other 55% is owned by Verizon, a fixed-line telephone firm).
Terra is a Madrid-based Internet service provider and portal that is two-thirds owned by Telefonica, the largest Spanish telephone firm.
In Kenya, for example, the state telephone firm had the country's only Internet exchange-point shut down, forcing local surfers to use overseas links at 15 times the cost.But things are improving.
PT will stay in Brazil by buying a 22% stake in Oi, the country's biggest telephone firm, for 8.4 billion reais ($4.8 billion).So PT looks like the obvious winner.
The main telephone firm, Safaricom, famous for its pioneering work with M-Pesa money transfer technology, has been contracted to roll out a £103m ($170m) security and surveillance system.
Bert Roberts, the American telephone firm's boss, who is used to fighting AT&T, should know a thing or two about the stalling tactics of former monopolists.
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In the early 1980s, AT&T negotiated an antitrust settlement with the Department of Justice to separate its long-distance operation and create seven local telephone firms, spread across different regions.
Svyazinvest's bosses will therefore have power over almost all of Russia's communications system (in many regions, the local telephone firms also hold the first cellular-telephone licences).
The incumbent telephone firms are left with less lucrative smaller customers.The incumbents urgently need to take on these successful newcomers and quickly build or buy similar networks of their own.
The FCC is keen because it will bring into the broadband market a third group of competitors, after telephone firms, which use supercharged phone lines (digital subscriber lines, or DSL) to deliver broadband, and cable-TV operators, which use their cables for the same purpose.
Wholesome food, unwholesome profits A great British bounder Beijing rules Activate the money star Three degrees of trial separation Wrong number ReprintsSvyazinvest was originally conceived both as a holding company for the state's interests in 86 local telephone firms across Russia and as a competitor for Rostelecom, a state-run near-monopoly in long-distance and international telephony.
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CEO of Professional Science Editing for Scientists @ prosciediting.com