Telefonica Brasil to raise capital spending on fiber push

miércoles 26 de febrero de 2014 10:48 GYT

SAO PAULO Feb 26 (Reuters) - Telefonica Brasil said it plans to increase capital spending in 2014 to about 18 percent to 19 percent of revenue as the Brazilian phone company deploys more high-speed fiber optic cable in Sao Paulo state, executives told analysts on a conference call Wednesday.