Brazilian telecoms group Telemar Participacoes, which markets Oi-branded services in the country through Brasil Telecom, Tele Norte Leste Participacoes and Telemar Norte Leste, has revealed plans to invest BRL6 billion (USD3.25 billion) in its networks and services in 2012. The figure compares with capital expenditure of BRL5 billion in FY 2011.
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OVETEL TNL (Oi) sets aside USD3.25bn for 2012 CAPEX
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