Telefonica Brazil has invested BRL60 million (USD27 million) into its broadband service Speedy in a bid to increase transmission speeds. The new, faster offering will be called Speedy Nitro and will offer connection speeds of up to 8Mbps. Speedy claimed 1.1 million customers at the end of October, and was the first broadband operator to hit the one million mark in the Latin American region.
In a separate story, Telefonica has authorised the sale of 150,000 economy lines for low income families in the state of Sao Paulo. The lines will be available to customers by the end of November, with around 93,000 being deployed in rural and costal areas, 37,961 in the state capital and 18,821 in other cities. The lines will enable families to control the costs of telephone calls with each terminal being available to four users with their own passwords.