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Brief
On November 28, 2024, the Federal Court of Auditors (Tribunal de Contas da União – TCU) issued an update regarding "Consensual solution between Anatel and Telefônica guarantees investments in connectivity". The agreement involves Telefônica S.A. investing approximately R$ 4 billion to improve internet and mobile phone connections, particularly in underserved regions, with a focus on expanding 4G or superior technology.
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