GLG News Analyses of the following article:

Telefonica to invest over $1.1bn in Brazil in 2010

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Published at: www.totaltele.com

Telefonica's US$ 1.1 Billion Similar to Other Brazilian Operators Capex

December 14, 2009

GLG Expert Contributor

Telefonica's R$ 2 Billion Capex for 2010 is actually lower than what the operator invested during 2009 and similar to the announced investments from other market players such as TIM and Oi

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