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VIVT3 Telefonica Brasil SA

47.56
-0.17442 (-0.37%)
30 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Telefonica Brasil SA BOV:VIVT3 Bovespa Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.17442 -0.37% 47.56 47.10 47.67 48.07 47.34 47.74 2,756,700 23:45:03

Telefonica to Invest $8.13 Billion in Brazil by 2020

12/03/2018 5:31pm

Dow Jones News


TELEF BRASIL ON (BOV:VIVT3)
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From May 2019 to May 2024

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   By Nathan Allen 
 

Telefonica SA's (TEF.MC) Brazilian subsidiary will invest 26.5 billion reais ($8.13 billion) in the country between 2018 and 2020, the company said on Monday in a regulatory filing.

The company said around BRL24 billion is earmarked for upgrading and expanding its mobile and fixed networks in the country, while the remaining BRL2.5 billion will be invested in expanding its Brazilian fiber-optic network.

 

Write to Nathan Allen at nathan.allen@dowjones.com

 

(END) Dow Jones Newswires

March 12, 2018 13:16 ET (17:16 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.

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