CTBC, currently Algar Telecom, is founded in Uberlândia, Minas Gerais State

We expanded the business to 1,000 telephone lines
in Uberlândia

Merged Telefônica de Patos de Minas, Minas Gerais State

Introduced the long-distance service with 24 radio channels and

Pioneered the microwave system in Brazil

We remained a private sector company in a period when the Brazilian Government took over most telephone service provider.

We expanded our offering of services to the heart of Brazil

We built our first fiber-optic network

Invested in multimedia and

Started offering pay TV in Araguari and Uberlândia, Minas Gerais State.

Started our
contact center, business, in
Uberlândia

We included code 12 (long distance calls) in our portfolio

Were authorized to expand services throughout Brazil

Started offering
internet access

Introduced data center services

Acquired
the network the city of
São Paulo

Renewed our concession contracts for
20 years

Went public through our first issue of debentures and

Acquired a 3G license and launched 3G services

Opened a new data center in Campinas, São Paulo State

We started expanding Algar Tech internationally

Launched
satellite TV

Acquired the Band H license in areas that complement our presence in Minas Gerais State

Held our second issue of debentures

Held our third issue of debentures

Bought the 700MHz frequency (4G).

Expanded retail operations to 19 cities

Acquired
Synos, Asyst
and Lince companies

Signed an agreement to lay a submarine cable connecting Santos, Brazil, and Boca Raton, U.S.