NETC is the leading Brazilian cable & broad band provider. Currently Brazil’s population % of people using cable and the internet is much smaller then in other developed markets like the US, Japan and Europe. Ultimately Ben Hur feels the standard of living increase especially in the Brazil’s middle class will tend towards narrowing the gap. As time goes on we expect the % of Brazil’s citizens using cable and or broadband to potentially double in the next five years. This growth play is long term and should be revisited once a year to track the progress Brazil’s population is making with these markets. We are looking for population of about 60% users.