 Suspicions regarding the NEC-Globo deal took the national stage only in 1992 during the first corruption charges against the 
administration of president Fernando Collor de Mello.In 1999, with the break-up and privatization of the state-owned telephone monopoly Telebrás, the Globo Organizations sold their shares in NEC Brazil, which hit their all-time high during the state monopoly years.The European and American phone operators who acquired pieces of the broken-up monopoly chose to stay with their existing western partners for their technology needs, and thus NEC Brazil had its market share reduced.