Telefonica Brasil to increase investments 15% in 2014

Friday 9 May 2014 | 11:14 CET | News
Telefonica Brasil plans to invest 15 percent more this year compared to 2013 when the company invested BRL 6 billion in Brazil, said CFO Alberto Horcajon in a presentation of quarterly results, reported by Reuters. In Q1 2014, investments by the operator totalled BRL 1 billion, 41.4 percent higher than the year-earlier period.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.


Already registered?

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: Telefonica Brasil
Countries: Brazil
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Telefonica Brasil sees investments lower in 2015

Published 26 Aug 2014 13:06 CET | Brazil
The president of Telefonica in Brazil, Antonio Carlos Valente, said the company is still planning the amount to be invested by ...

Telefonica Colombia revenues grow 9.8% to EUR 403 mln

Published 12 May 2014 08:26 CET | Colombia
Telefonica Colombia first-quarter revenues reached EUR 403 million, with growth accelerating for the fourth consecutive quarter ...

Telefonica Vivo profits lower in Q1

Published 08 May 2014 15:36 CET | Brazil
Brazilian operator Telefonica Vivo saw first-quarter net profit fall 18.4 percent compared to the same period in 2013 to BRL ...

Telefonica Brasil to invest more in fibre this year

Published 27 Feb 2014 19:28 CET | Brazil
Telefonica Brasil plans to increase investment this year to 18-19 percent of revenue, reports Reuters. The company wants to ...

Telefonica Brasil profits lower, mobile revenues grow in Q4

Published 26 Feb 2014 16:21 CET | Brazil
Telefonica Brasil reported a net profit of BRL 1.231 billion for the fourth quarter 2013, down 16.5 percent from a year earlier. ...