Telecommunications company Vivo (Telefonica) wants to accelerate the expansion of its fiber network in 2017. The aim is to expand from 7 to 15 the number of covered cities, besides Sao Paulo.
The President of the company, Amos Genish, said that Q4 investments will focus on 4G and fiber optic networks to expand broadband services. According to the COO of Telefonica-Vivo, Rodrigo Dienstmann, total number of cities covered with fiber will depend on the budget to be established, Brazilian newspaper Valor Economico reported.
Genish said the company has sought a balance between investment in FTTC and FTTH network because the latter requires less investment. At the end of the third quarter, Telefonica Brazil reported 7.3 million fixed broadband customers. FTTx customer base grew 8.6% annually and reached 4.12 million, of which 719,000 are over FTTH (+33.6 annual). Meanwhile, IPTV accesses grew 38.5% and reached 212,000.