Telefonica to invest USD 600 mln at Chile ops this year

Friday 25 April 2014 | 13:08 CET | News
Telefonica plans to invest nearly USD 600 million to develop its operations in Chile this year, Estrategia Online reports, citing Telefonica Chile president Claudio Munoz. Investments will mainly focus on infrastructure deployment to expand the operator's mobile internet offering. "Today in Chile, the network development is occurring primarily in the mobile area, this is the main investment priority, and this translates in the deployment of 3G [technology] which we already had, and more recently, in 4G networks, which will be a key priority for the company. The second priority are fiber

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Categories: Mobile & Wireless
Companies: Telefonica Chile
Countries: Chile
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