Telebras Invests BRL80.7mn In January-February 2014


News: Brazil's state-owned Telecomunicações Brasileiras (Telebras) invested BRL80.7mn (US$35.44mn) in January-February 2014, compared with BRL16.9mn (US$7.42) in the same period in 2013, reflecting a growth of 377%. For 2014, the company has budgeted BRL521.5mn (US$229.003mn) for investment. The company is in charge of implementing the National Broadband Plan (PNBL) of the Federal Government.

This article is tagged to:
Sector: Telecommunications
Geography: Brazil

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