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Telefonica Chile sees '09 investment flat around $238 mln

Thu Apr 23, 2009 11:47pm IST
 
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SANTIAGO, April 23 (Reuters) - Telefonica Chile CTCa.SN, Chile's leading fixed-line operator, said on Thursday its investment in 2009 would be similar to the $238 million it invested in 2008.

"The (investment) figures are going to be very similar," Chief Executive Oliver Flogel told reporters after a shareholder meeting, saying the investment would be mainly in broadband internet and cable television. ($1 = 582.10 Chilean pesos at the end of March) (Reporting by Monica Vargas)

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