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General

Brazil telecom investment up 7% in 2018

Monday 15 April 2019 | 12:11 CET | News

Telecom service providers in Brazil invested BRL 30 billion in 2018, which represents 7 percent growth compared to 2017. The investments were made especially in infrastructure expansion, expansion of coverage and improvement of service quality, despite the challenges imposed by Brazil's high tax burden, which is one of the largest in the world, and the heavy regulatory cost, reports industry association Telebrasil. 

Since privatization in 1998, the private telecom sector has invested BRL 926 billion according to the latest figures, including the payment of licences. These investments led Brazil to have the fifth largest telecom infrastructure in the world and 315 million accesses, including fixed and mobile telephony, broadband and pay-TV.



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Categories: General
Countries: Brazil
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