Brazilian ISP cuts access fees to ward off AOL.
Published:
29 November 1999 y., Monday
Brazil_s Universo Online (UOL), Latin America_s largest Internet provider, said it will offer a less-expensive access plan to compete with the arrival of America Online. UOL will charge 19.5
reais ($10.16) a month for unlimited Internet access in its new plan, down from 35 reais ($18.23) a month now. The company, which has 550,000 subscribers, also will offer 300 free hours of access for customers to try out its service, which has exclusive rights to some of Brazil_s most popular magazines. "This is not a temporary discount; we are really launching a new, affordable plan to access the Internet," Caio Tulio Costa, UOL_s general director, said in a statement. UOL_s rate cut could be the beginning of a price war among companies providing Internet access in Brazil. A price war could affect the bottom line of companies such as StarMedia Networks, Terra Networks and Zip.net, which rely to a great extent on revenue from access fees. AOL introduced its service in Brazil on Tuesday, vowing to attract 700,000 Brazilian clients by flooding the market with CD-ROMS offering 250 hours of free Internet access. The company said it will charge 35 reais ($18.23) a month for unlimited access.
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
A specific EU budget line for the new EU stabilisation mechanism should be created as soon as possible, to ensure its credibility, Council, Commission and Parliament negotiators agreed at a three-way meeting on Wednesday.
more »
New EU rule will help phone-users avoid astronomical bills for web-surfing and downloads abroad.
more »
The Communication approved today by the Commission builds on the principles presented on 12 May to reinforce the economic governance in the European Union.
more »
Eurostat report just published shows that the crisis has brought some lower taxes.
more »
New legislation is needed to ensure fair returns to farmers and transparent prices to consumers, by enforcing fair competition throughout the food supply chain, said Agriculture Committee MEPs on Monday.
more »
Fish imports play a crucial role in supplying the European market, yet fisheries and aquaculture are strategic sectors that do not lend themselves to a purely free-trade approach, believes the EP Fisheries Committee.
more »
I will support every proposal that strengthens cooperation among the European Union's Member States and serves Lithuania's interests," President of the Republic of Lithuania Dalia Grybauskaitė said at the meeting with EU Member States' ambassadors resident in Lithuania.
more »
The fourth World Lithuanian Economic Forum “High tech innovation & investment: local to global” will start in London on 22 June.
more »
Lithuania aims for the five Nordic countries and three Baltic States to become single community of values, which would be linked by a versatile quality of democracy, security and everyday life.
more »
MEPs decided on Wednesday to create a special committee to prepare for the EU's next long-term budgetary framework.
more »