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 its participation as a prime sponsor at this year's International Telecoms Week 2011 (ITW) in Washington D.C., May 23rd - 25th. GlobeNet offers carriers and service providers its low latency wholesale capacity connecting North America and South America. It's parent company, Oi, the largest landline telephone company in Brazil and second largest in South America, will also be participating in the event.

With its recently upgraded submarine fiber optic cable system, GlobeNet has a total lit capacity of 560Gbps, supporting increased bandwidth demands in the Latin American region due to widespread adoption of advanced technologies. Operating a dual ring protected submarine cable system of more than 22,000 kilometers, GlobeNet delivers reliable, secure, fast bandwidth to support carriers and augment their networks throughout the region.

"GlobeNet is proud to be a prime sponsor of ITW 2011 -- the largest meeting point for the Global wholesale telecommunications community," says Antonio Belli, Director of Marketing and Sales. "As GlobeNet continues to expand its network and prepares to support our wholesale clients for international events, such as the 2014 World Cup Brazil and 2016 Olympics in Rio de Janeiro, it is important for us to connect with telecommunications leaders to discuss the growing trends in the industry."

GlobeNet offers the wholesale carrier market a solid products and services portfolio across the most secure and advanced network, utilizing latest Dense Wave Division Multiplexing (DWDM) technology. With network availability in excess of 99.99%, GlobeNet serves Brazil, Bermuda, Colombia, United States and Venezuela.

With over 5,000 delegates from more than 140 countries expected to be in attendance at ITW this year, the event is considered to be one of the leading wholesale conferences in the telecommunications community. GlobeNet and its parent company Oi will have meeting rooms in the Center Tower, 8th floor, suites 8023 and 8025.

Oi is headquartered in Rio de Janeiro, Brazil with services including fixed line, mobile, Internet, telephony, and digital TV services.

To schedule a meeting with the GlobeNet or Oi teams at ITW, please contact marketing@globenet.net. 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 and 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