Wednesday, February 08, 2012

Telecom Italia spent 4.2 billion EUR in Italy in 2011

Telecom Italia has invested 4.2 billion euros in 2011 in his country, which were 1.2 billion euros in acquisitions of frequencies.

The information was given by the company president, who controls the TIM in Brazil, Franco Bernabe, in a note that reproduces the text of speech in parliamentary committee, adding that on these investments is desirable to have a public-private collaboration.

The group said it will continue developing new generation network.

Bernabe, however, stressed that the goal for ultra-broadband infrastructure by 2020 can be achieved through investment plans of private operators.

The group plans to eliminate the "digital divide" in the country in 2013, bringing broadband service to fixed telephone network by 98 per cent of the population. Currently, the range is 92 percent.

The executive also pointed out that the digitization of Italy could lead to "recovery of productivity and competitiveness necessary for economic growth."

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