Friday, December 16, 2011

TdA plans ARS10bn investment in 2012-14

Following on from total investment of ARS2.6 billion (USD607 million) this year, Argentine incumbent telecoms operator Telefonica de Argentina (TdA) plans to spend ARS10 billion between 2012 and 2014 to prepare for the sales growth with increased broadband and telecommunications capacity. According to a report by Dow Jones, which cites a company statement, TdA expects fixed broadband internet revenue to increase 30% next year, while sales from its mobile internet service could grow by as much as 80%.


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OVETEL TdA plans ARS10bn investment in 2012-14

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