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Telesp

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Telesp - Telecomunicações de São Paulo S.A. (Telefónica)
Type Subsidiary (BM&F Bovespa: TLLP3, TLLP4 / NYSETSP)
Founded 1998 (privatization)
Headquarters Flag of Brazil São Paulo, Brazil
Revenue R$ 15.9 billion (2008)
Parent Telefónica
Website www.telefonica.com.br

Telesp - Telecomunicações de São Paulo S.A. (BM&F Bovespa: TLLP3, TLLP4 / NYSETSP) was a telecommunications company in São Paulo state, Brazil. The company was originally formed as part of Telebrás, the state-owned telecom monopoly at the time. In 1998, Telebrás was demerged and privatized, with Telefónica taking Telesp. From that time, Telesp was rebranded as Telefónica, yet the corporate name remains.

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