Chile's Entel sees $2.8 bln investment to 2016
SANTIAGO, April 29
SANTIAGO, April 29 (Reuters) - Chilean telecoms firm Entel said on Tuesday that it planned to invest $2.8 bln over the next three years to improve its operations in Chile and Peru.
The company said at its annual general meeting that over $2 billion of those funds were earmarked for its home country, where it is the largest mobile phone operator.
Entel has enjoyed double-digit revenue growth in recent years, with sales of over $3 billion in 2013. (Reporting by Antonio de la Jara, Editing by Franklin Paul)
- Tesla says in talks with BMW over car batteries, parts
- Exclusive: China ready to cut rates again on fears of deflation - sources
- Actor Dwight Henry eyed in New Orleans killing after arrest for theft
- China building South China Sea island big enough for airstrip: report
- Obama to Republican critics on immigration: 'Pass a bill'
We are living longer but not creating financial plans to keep pace. Advisers give tips on how to make sure you don’t outlive your money. Video