Terremark's fiscal Q3 international capex mostly goes to Brazil, Colombia

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Info. Technology News - Wednesday, February 10, 2010

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* Terremark's fiscal Q3 international capex mostly goes to Brazil, Colombia - Regional

US IT managed services provider Terremark Worldwide (Amex: TWW) destined most of its international capex during its fiscal third quarter 2010, ended December 31, to its operations in Colombia and Brazil, company CEO Manuel Medina said during a conference call with investors.

The executive said capex was oriented to expanding existing infrastructure in both markets. Last September, the company announced plans to invest US$5mn in its Brazil operations.

Medina said that during fiscal Q4, the com ... more
http://www.bnamericas.com/news/technology/Terremark*s_fiscal_Q3_international_capex_mostly_goes_to_Brazil,_Colombia/173662283

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* Ramón van ZantenIndustry standard servers director for multi-country Latin America - HP<p><em>In January, HP and Microsoft announced a global solution integration agreement worth US$250mn. The accord covers a range of products from hardware to business applications, as well as managemen... more

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