Vivo plans an investment of 2.6Bn reals in Brazil

www.WirelessFedration.com/news: Vivo is planning an investment of 2.6 billion reals in Brazil, the Chief Executive of the Portuguese Group said.

In 2008 we invested the same amount which means that within two years Vivo is investing around 5 billion reals in Brazil,” said Zeinal Bava.

The Chairman of Portugal Telecom also said that the tax burden of third generation mobile telephony is very high” in Brazil, accounting for around 44% of revenues.

From our point of view, democratisation of access to the third generation or the Internet, via mobile phone, has to necessarily be carried out by some redistribution of that tax burden,” he said.

It is impossible to put Brazil on the front line in the world in terms of broadband Internet and penetration of computers with more attractive tariffs for computers,” he added.