Telecom Italia SpA (TI) is planning to invest EUR3 billion in its operation in Brazil through 2011, company Chairman Gabriele Galateri said in an interview published Monday by the local newspaper Folha de S. Paulo.

The investments will be focus on the expansion of the broadband services, said the executive. In the latest 10 years, Telecom Italia invested a total of EUR10 billion in its operations in Brazil.

Telecom Italia controlled Brazil's third largest mobile-phone company, TIM Participacoes SA (TSU).

-By Rogerio Jelmayer, Dow Jones Newswires; 5511-2847-4521; rogerio.jelmayer@dowjones.com