BRASILIA, April 19 (Reuters) - Mexican magnate Carlos

Slim said on Friday he is considering investing more than 40

billion reais ($7.70 billion) in Brazil in the next four years,

after meeting with President Luiz Inacio Lula da Silva in

Brasilia.

Slim, whose family controls telecommunications giant America

Movil, said the investments would be made in Brazil's

5G and fiber-optic networks. America Movil-owned Claro is a huge

player in the South American country's telecom sector.

($1 = 5.1969 reais)