TNE Tele Norte Leste Participacoes S.A. Common Stock

GlobeNet, an international wholesale provider of submarine capacity, and a wholly owned subsidiary of Oi (BOVESPA: TNLP3) (BOVESPA: TNLP4) (BOVESPA: TMAR3) (BOVESPA: TMAR5) (BOVESPA: TMAR6) (NYSE: TNE), announces today at the 2011 NAB Show its high performance capacity supports rich multi-media and video content transport, including distribution for news, entertainment, social media, music, and sports programming. With its reliable, low latency transport options, GlobeNet's international capacity and Ethernet services are ideal for fulfilling demands for large volumes of video traffic.

Connecting the Americas with over 22,000 kilometers of submarine fiber optic cable, GlobeNet's lowest latency, scalable network was designed to support high bandwidth demand from the wholesale community including global carriers, content providers, and multi-media service providers. With flexible terms and options to support long term programming, as well as seasonal events such as 2014 World Cup and 2016 Summer Olympics in Brazil, GlobNet's high capacity transport is more robust, more cost effective and more reliable than traditional satellite transport services.

"Known for our world-class transport services, GlobeNet's network is designed to enable video and multimedia companies to transport and deliver timely and highest quality video and multimedia content across large distances," states Antonio Belli, Director of Sales & Marketing for GlobeNet. "This includes timely bursts of high capacity traffic. Additionally, our 99.99% service level guarantees ensure optimal, lowest latency performance so our customers can deliver content quickly, reliably and with peace of mind."

GlobeNet offers multiple, flexible product and service options from E1 to 10 Gigabit Ethernet across the most advanced submarine fiber optic cable system connecting Brazil, Bermuda, Colombia, United States and Venezuela. With continuous preparation today for tomorrow's bandwidth demand, GlobeNet also plans an upgrade later this year bringing its network to more than 1 Terabytes of total capacity.

To learn more about GlobeNet's video and multi-media markets, contact marketing@globenet.net or click here to watch GlobeNet's COO Erick Contag's latest video interview. For more information on GlobeNet, please visit www.globenet.net.

About GlobeNet GlobeNet provides international capacity services between North and South America over a dual ring-protected, fiber optic submarine cable system serving Bermuda, Brazil, Colombia, U.S.A., and Venezuela. The network spans more than 22,000 kilometers and offers a network availability of 99.99%. GlobeNet with its headquarters in Boca Raton, Florida USA is a wholly-owned subsidiary of the Brazilian Oi (that acquired Brasil Telecom).

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For GlobeNet media inquiries, please contact: Jaymie Scotto & Associates +1.866.695.3629 Email Contact