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General

Telecom Italia to invest "significantly more" in Brazil -CEO

Friday 30 January 2015 | 14:27 CET | News
Telecom Italia is set to substantially increase its investment in the Brazilian market this year, said its CEO Marco Patuano after meeting Brazil's minister of communications Ricardo Berzoini. "Our plan is to bet on the growth of the Brazilian market," said Patuano, according to Bloomberg. "We're saying in the next few years we're going to have a different level of investment. We're going to invest more in the mobile 3G and 4G networks. We're going to invest significantly more than in 2014, 2013." Patuano travelled to Brazil with Telecom Italia chairman Giuseppe Recchi and CFO Piergiorgio

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Categories: General
Companies: America Movil / Claro / Oi / Telecom Italia / Telefonica / TIM / TIM Brasil / Vivo
Countries: Brazil / Italy
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