Telefonica announces its intention to invest 1,8 billion dollars in Argentina between 2014 and 2015 – Part of the sum will be used to increase connection speeds and install new sites.
The Argentine branch of the Spanish group Telefonica has announced plans to invest 1,8 billion dollars (11,7 billion pesos) in the South American country between 2014 and 2015.
Of this sum, as stated by the president of the branch, Luis Blasco Bosqued, "5,2 billion pesos will be used to increase the connection speed and to install new sites", especially in 2014.
Telefonica expects Internet traffic to double in Argentina next year.
FIRSTonline is an independent web journal of economics, finance and stock exchange published by AL Iniziative Editoriali Srl with registered office in Rome, founded and controlled by Ernesto Auci e Franco Locatelli and owned by two minority shareholders (Alessandro Pavesi and Laura Rovizzi). The portal and its applications are created in daily life by two agile editorial offices, one in Milan and one in Milan Roma, and by an innovative and effective team of innovation and web managers.
