Telefonica plots 'aggressive' fiber expansion in Brazil

摘要

Telefonica Brasil (Vivo) has disclosed plans to invest BRL24 billion (US$7.4 billion) in its networks over the next three years. Telefonica Brasil CEO Eduardo Navarro divulged the figure at an analyst briefing in New York, and Reuters quotes him as saying: 'Fiber is something we are doing very aggressively in Spain and here in Brazil. The demand for ultra-broadband is huge ... We have great advantages when you take our experience from Spain. Spain has the highest fiber penetration in the West, and we want to replicate that in Brazil.'.