Despite pandemic impact, telecom operators invested US$6 billion in Brazil in 2020

However, the amount still resulted in a 5.76% drop compared to 2019, when the industry recorded investments of US$6.3 billion.

RIO DE JANEIRO, BRAZIL - Conexis Brasil Digital on Tuesday, May 11, released a balance showing that the operators' investments totaled R$31.1 (US$6) billion in 2020. The organization says that despite the negative impact of the Covid-19 pandemic on the economy, the sector maintained investments above R$30 billion.

However, the amount still resulted in a 5.76% drop compared to 2019, when the industry recorded investments of R$33 (US$6.3) billion.

Nevertheless, Conexis states that, considering the average investment of the past five years in nominal data (R$30.5 billion), the amount invested . . .

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