Telmex to invest USD2.13 billion in 2006

15 Feb 2006

Mexico’s former monopoly fixed line provider Teléfonos de México (Telmex) has announced plans to maintain its current level of investment at USD2.13 billion this year. The money will be divided between Telmex’s operations in its domestic market, where it will spend USD1.4 billion, Brazil (USD570 million), with the remaining USD160 million split between businesses in Chile, Peru, Argentina and Colombia.

Mexico, Telefonos de Mexico (Telmex)