Friday, 23 June 2017

Telecom Italia hikes infrastructure capex

By Mary Lennighan, Total Telecom
Friday 20 February 15

Italian telco to spend more on fibre rollout, LTE in Italy and Brazil over next three years.

Telecom Italia will spend €14.5 billion on fixed and mobile infrastructure in Italy and Brazil over the next three years. The Italian incumbent made the announcement on Friday as it shared the details of its 2015-2017 strategic plan. At the same time the telco posted declines in sales and income for the most recent financial year, but insisted it is moving in the right direction. The keyword for the latest three-year plan is "accelerating"…

Telecom Italia will spend €14.5 billion on fixed and mobile infrastructure in Italy and Brazil over the next three years. The Italian incumbent made the announcement on Friday as it shared the details of its 2015-2017 strategic plan. At the same time the telco posted declines in sales and income for the most recent financial year, but insisted it is moving in the right direction. The keyword for the latest three-year plan is "accelerating"…

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