TowerXchange: Would you say that Brazil is moving towards a general recovery? And how is its telecom sector doing?
Mauricio Giusti, CEO, Phoenix Tower do Brasil:
There are a number of factors that show that Brazil is going through a recovery process.
First of all, the GDP and the unemployment rate in the last three months are indicating that Brazil touched the ground and it will start an economic recovery. On the other hand, inflation is under control and the Central Bank is promoting continuous interest rates cuts. The recovery process will not be as fast as in other past crisis, but there is confidence that it will be solid and sustainable.
