Claro Argentina plans investment of USD800m in 2010

www.WirelessFederation.com/news: An investment of around USD800 million has been planned by Argentina’s leading mobile operator by subscribers, Claro. Claro’s total capital expenditure last year was around USD700 million.

Company’s third-generation and fibre-optic networks will receive roughly 70% of the CAPEX, in order to support increasing demand for advanced services.

According to Claro’s president, Carlos Zenteno, 3G subscribers comprise around 20% of Claro’s approximately 17 million wireless customers, while the 3G network reaches 450 cities, covering 80% of the population.