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Telefonica Brasil wins up to $636 million bid to install hydrometers for Sabesp, Exame reports
Telefonica Brasil wins up to $636 million bid to install hydrometers for Sabesp, Exame reports
About this update from Companhia De Saneamento Basico Do Estado De Sao Paulo Sabesp
Brazilian telecom operator Telefonica Brasil BMFBOVESPA:VIVT3 has won a bidding process to install smart hydrometers for local utility Sabesp BMFBOVESPA:SBSP3, in a deal that could require investments of up to 3.5 billion reais ($635.9 million), local news outlet Exame reported on Tuesday.($1 = 5.5038 reais)