Claro to spend USD1.2bn in 3G expansion

25 Apr 2008

Telecom Americas (Claro), the Brazilian mobile operating unit of Mexico’s America Movil, says it plans to invest BRL2 billion (USD1.2 billion) on expanding its 3G network coverage in 2008. It is understood the investment does not include the BRL1.43 billion that Claro owes to the regulator Anatel for the UMTS licences it purchased last December. Claro’s 3G services are currently available in 40 Brazilian municipalities.