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Telefonica Brasil to raise capital spending on fiber push
February 26, 2014 / 2:50 PM / 4 years ago

Telefonica Brasil to raise capital spending on fiber push

SAO PAULO, Feb 26 (Reuters) - Telefonica Brasil said it plans to increase capital spending in 2014 to about 18 percent to 19 percent of revenue as the Brazilian phone company deploys more high-speed fiber optic cable in Sao Paulo state, executives told analysts on a conference call Wednesday.

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