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Broadband

Brazil requires USD 20 billion to reach OECD average broadband penetration

Wednesday 29 September 2021 | 15:00 CET | News
Brazil will need to invest USD 20 billion to reach the average broadband penetration rate of OECD member countries, according to an estimate by the president of the Inter-American Development Bank (IDB), Mauricio Claver-Carone, reports Valor Economico. He said that, taking into account Brazil's current capacity and resources, as well as the volume of companies in the sector, the country could generate around BRL 9 billion in GDP by 2024.

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Categories: Internet
Countries: Brazil
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