São Paulo Without Broadband For 36 HoursJuly 2008 | Company News Alert
Brazil's financial capital, São Paulo, was without broadband access for 36 hours between July 2 and July 3 after a breakdown in the incumbent's network. Telefónica's Brazilian unit, Telesp, said that all the problems had been fixed by Thursday evening, but the failure of the system saw 7,000 corporate clients, as well as schools and government departments, without internet access. São Paulo is Brazil's largest city and most populous state, producing approximately one-eighth of Brazil's GDP. The regulator, Anatel, has launched an investigation in to the failure, and Telesp could be fined up to BRL50mn (US$31.1mn).
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