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Dono da Claro says he's going to invest more than $40 billion in 5G and fiber in Brazil over the next five years.

Summary by Globo
Announcement was made after President Lula's meeting with Carlos Slim, founder of Grupo América Móvil (AMX) Grupo América Móvil (AMX), the parent company of Claro, stated that it will invest more than R$40 billion in the Internet infrastructure network in Brazil over the next 5 years. The company's founder, Carlos Slim, said that as many investments as possible will be used, including the encouraged debentures, released by the Ministry of Commun…
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3 Articles

Carlos Slim, the wealthiest man on the Latin American river, met with President Luiz Inácio Lula da Silva on Friday afternoon in the Planalto Palace. Read more

·São Paulo, Brazil
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Announcement was made after President Lula's meeting with Carlos Slim, founder of Grupo América Móvil (AMX) Grupo América Móvil (AMX), the parent company of Claro, stated that it will invest more than R$40 billion in the Internet infrastructure network in Brazil over the next 5 years. The company's founder, Carlos Slim, said that as many investments as possible will be used, including the encouraged debentures, released by the Ministry of Commun…

·Brazil
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Globo broke the news in Brazil on Friday, April 19, 2024.
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