Telefonica ratifies $3-billion Peru investment plan

Spanish telecoms firm Telefonica has ratified a $3-billion investment plan for Peru through 2020. The aim is to boost digital transformation in companies, countries and governments, said Cesar Linares, Telefonica CEO in Peru. Last year, Telefonica invested $793 million in Peru, of which $315 million went to improving infrastructure to deploy 4G technology. Source (in Spanish): El Comercio Bancomer to invest $1.5 billion in tech Over the next four to five years, Mexico’s Bancomer, a subsidiary of Spain’s BBVA, will invest $1.5 billion in technology such as software, big data and artificial intelligence, said the company’s Chairman Francisco Gonzalez. “We are preparing to be more efficient. Over the next years there will be a tremendous digital transformation that will benefit […]

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