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Spain - Telefonica's EUR 4 bln investment depends on regulation.
(From Telecompaper Europe)
Spain's dominant telecoms operator Telefonica has said it will invest EUR 4 billion on new fibre optic networks if regulation is in its favour, reports Expansion. In a conference for the telecoms sector, Telefonica Spain's chairman Antonio Viana-Baptista said the company had two investment plans, a modest one for spending EUR 800 million between last year and 2009 and a second plan to spent EUR 3.2 billion more in five years, ...
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