Portuguese telcos plan to invest $4.9 billion in 5G, satellites over 5 years

Core Insights - Portuguese telecom operators are planning to invest 4.2 billion euros ($4.9 billion) in high-speed 5G networks and satellite infrastructure over the next five years [1] Investment Plans - The investment aims to support major projects including data centers and artificial intelligence initiatives [1] - This significant expenditure reflects the growing demand for advanced telecommunications infrastructure in Portugal [1] Industry Impact - The deployment of 5G networks is expected to enhance connectivity and drive innovation across various sectors [1] - The investment in satellite technology indicates a strategic move to improve coverage and service quality in remote areas [1]