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General

Telecom Italia to invest EUR 14 bln by 2017 in Italy, Brazil

Friday 20 February 2015 | 14:06 CET | News
Telecom Italia has unveiled the details of a three-year business plan for 2015-2017 that envisages total investments of around EUR 10 billion in Italy and over EUR 4 billion in Brazil. The investment earmarked for the operator's domestic market includes around EUR 5 billion for what it describes as innovative developments (NGN, LTE, cloud computing, data centres, transformation activities and TI Sparkle, the company's international operator). One of the main objectives of the plan is to expand fibre-optic coverage to reach 75 percent of the Italian population by 2017 at a cost of EUR 2.9

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Categories: General
Companies: Telecom Italia / TIM Brasil
Countries: Brazil / Italy
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