GVT to invest USD4.4m in VoIP

31 Oct 2008

Brazilian telephony and broadband internet provider Global Village Telecom (GVT) has announced plans to invest BRL10 million (USD4.4 million) to launch VoIP services, BNamericas reports citing a company statement. GVT expects to have 200 firms using its Vox IP service by the end of 2009, focusing its marketing efforts on SMEs.

In a separate development GVT says it is considering plans to become a mobile virtual network operator (MVNO) within the next two to three years, in competition with Unicel do Brasil Telecomunicacoes (Unicel), Oi, Embratel, and Telefonica.

Brazil, Global Village Telecom (GVT)