4G and TV to drive investment in Brazilian telecoms
Juan Fernandez Gonzalez | 22-10-2013
The Brazilian economy will experience a 26% growth in investments until 2017, according to the latest report from BNDES, the Brazilian Development Bank.
According to Agencia Brasil, the report predicts a total investment of $1.7 billion, with nearly $58,000 million of this reserved for the telecoms industry.
The investment represents 34% more funds to modernise the telecom infrastructure compared to that spent between 2009 and 2012. According to Fernando Pimentel, an economist from BNDES, the growth will be pushed by the implementation of 4G networks – which are scheduled to be fully working in the big cities for the World Cup next summer – and the analogue TV spectrum reorganisation.
The report points to Anatel as the regulatory body which can decide the pace of the investments and control the financial power of the national telcos. Pimentel compares the investment effort to the 1990s and explains that, although it's not that intensive, it is of crucial importance to the improvement of the country's communications.