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KM Financial Solutions | CORRECTED-UPDATE 2-Telefonica Brasil to keep capex roughly flat after 5G profit hit
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CORRECTED-UPDATE 2-Telefonica Brasil to keep capex roughly flat after 5G profit hit

19 Feb CORRECTED-UPDATE 2-Telefonica Brasil to keep capex roughly flat after 5G profit hit

Posted at 00:20h in News by
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Telefonica Brasil SA
, the country’s largest wireless carrier, aims to keep
capital spending at levels similar to last year, executives said
on Wednesday, after investments to prepare for fifth-generation
(5G) mobile technology weighed on earnings.

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