Brazil Telecom Oi to Invest BRL30 Bln Over Next 5 Years

Brazilian telecom operator Tele Norte Leste Participacoes, or Oi, will invest 30 billion Brazilian reals over the next five years in its operations in Brazil and expanding abroad, Oi's Chief Executive Luiz Eduardo Falco said Thursday.

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Posted to the site on 29th May 2008

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