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Telecom Italia rethinking Brazil strategy amid recession

2015-09-22 01:44:03| Telecom - Topix.net

The Brazilian recession is forcing Telecom Italia to review strategy , CEO Marco Patuano says, as tides have turned in the country that provides nearly 30% of TI's revenue. In January, Patuano said TI would invest "much more" in Brazil after meeting with the communications minister, and in February the company said it would put more than $3.6B into the country.

Tags: strategy italia brazil telecom

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