Movistar Peru is keeping aside PEN681 million (USD232 million) for investment in 2008.
Movistar Peru is a subsidiary of Spanish telecoms operator Telefonica which is expected to use the funds for expansion and improvement of networks and systems in its current areas of operation, while also expanding into new rural areas.
Movistar plans to launch 3G by the end of 2008.
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Movistar Peru plans $232 million fo investment (Peru)
- August 19th, 2008
- 1:18 pm
iPhone 3G launches in 20 countries on August 22
- August 7th, 2008
- 12:18 pm
The iPhone 3G will be launched in twenty more countries on August 22. All the operators concerned have made their formal announcements. 10 countries are Latin American.It is predicted that SingTel will also join the mix, but the reports are yet to be confirmed.
August 22 releases
* Argentina - Telefonica and America Movil
* Chile - Telefonica and America Movil
* Colombia - Telefonica and America Movil
* Czech Republic - O2
* Ecuador - Telefonica and America Movil
* El Salvador - Telefonica and America Movil
* Estonia - Eesti Mobii Telefon
* Guatemala - Telefonica and America Movil
* Honduras - America Movil
* Hungary - T-Mobile
* India - Bharti Airtel and Vodafone
* Paraguay - America Movil
* Philippines - GlobeTelecom
* Peru - Telefonica and America Movil
* Poland - Orange and Era
* Romania - Orange
* Uruguay - Telefonica and America Movil
- Mobile, Argentina, Chile, Colombia, Peru, India, Philippines, Czech Republic, Vodafone, 3G, T-Mobile, Telefonica, SingTel, Bharti Airtel, O2, Hungary, Estonia, iPhone, América Móvil, Paraguay, El Salvador, Guatemala, Honduras, Ecuador, Eesti Mobii Telefon, GlobeTelecom
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American Movil to begin iPhone sales in 10 countries across Latin America
- August 7th, 2008
- 7:23 am
American Movil, largest operator in Latin America, announced that it would begin selling Apple iPhone this month in ten countries of Latin America.
According to American Movil, the new iPhone will be available from August 22 in Argentina, Chile, Colombia, Ecuador, El Salvador, Guatemala, Honduras, Paraguay, Peru and Uruguay.
It was in May that the company signed a deal for iPhone distribution across Latin America.
America Movil has already started sale of the device in Mexico and its Brazilian unit Claro is expected to begin sales soon.
Peru imports 3.96 million handsets in H1′08 (Peru)
- July 22nd, 2008
- 10:53 am
Movistar, Claro and Nextel, Peruvian operators have imported around 3.96 million mobile phones in the first half of this year, according to data provided by the National Superintendency of Tax Administration (Sunat). Nokia leads with over 1.17 million imported units, accounting for 30 percent of total imports, followed by Motorola with 18 percent, Sony Ericsson and Samsung with 12 percent each, ZTE with 10 percent and LG with 9 percent.
The three operators had 16.9 million subscribers at the end of June, and are expected to reach around 18 million subscribers by year-end, adding some 2.4 million new subscribers this year. Mobile penetration in the country is expected to reach 63 percent by the end of the year.
Mobile phone imports are expected to reach 5million in the second half of the year, mainly due to the Christmas campaign that will increase revenues and add new customers. In addition, over three million devices will be used to replace old ones. With nearly one third of mobile phone users expected to change their device for a new one each year, 2009 is estimated to see over 6.5 million handhelds imported for that purpose.
FWA concession won by America Movil (Peru)
- July 21st, 2008
- 2:30 pm
A 20-year concession contract has been signed by the Peruvian arm of Mexican mobile giant America Movil, Claro Peru, with the transport and communications ministry (MTC) to offer fixed wireless services. According to the terms of the licence, Claro is expected to deploy 100,000 fixed wireless lines in the provinces of Lima and Callao using the 850MHz and 1900MHz bands. Total investment for the project is expected to reach USD2.5 million within the next five years and USD1.3 million in the first year.
500,000 fixed wireless lines on way (Peru)
- June 5th, 2008
- 2:53 pm
500,000 fixed wireless telephony lines are to be deployed within the next six months in underserved areas of Lima, reports BNamericas citing an announcement by President Alan Garcia on the presidential website. The news follows the award of a contract to Movistar in January for the provision of fixed wireless services in the 450MHz band. Under the terms of the 20-year concession, Movistar is expected to provide fixed wireless and mobile services in Lima and neighbouring Callao in the 452.5MHz-457.5MHz and 462.5MHz-467.5 MHz frequency bands.
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Oi pays €2.2b to control Brasil Telecom (Brazil)
- April 28th, 2008
- 2:18 pm
Brazil’s Oi telecommunications company announced will pay 5.9 billion reals (US$3.5 billion, €2.2 billion) for control of the nation’s No. 3 fixed line carrier in a deal supported by the government to spur competition, an Associated Press report said.
The deal will create a huge fixed line operator spanning most of Latin America’s most populous country, and will give the combined company about 17% of Brazil’s fast-growing cell phone market, the report said.
Controlling shareholders of Oi, whose official name is Tele Norte Leste Participacoes, announced the long-awaited deal in a filing submitted to Brazilian securities regulators.
It must still be approved by regulators, but Brazilian government officials have repeatedly stated they support the combination because it will increase competition for the two other big national players: Spain’s Telefonica and Mexico’s America Movil, the latter owned by Mexican billionaire Carlos Slim.
Oi is controlled by a group of Brazilian investment funds, and Brasil Telecom is controlled by Brazilian investment funds and Citigroup.
The Associated Press report also quoted Communications Minister Helio Costa as saying that the combined company would be a dominant player in the fast-growing Brazilian market while also operating in nations like Colombia, Peru and Venezuela.
Movistar wins 450MHz fixed wireless licence (Peru)
- January 11th, 2008
- 2:19 pm
Peruvian cellco Movistar has won a licence to provide fixed wireless services in the 450MHz spectrum band writes BNamericas, citing a statement from the state agency for promoting private investment ProInversion. The other prequalified operators were Telmex Peru and the STM-Valtron consortium. Under the 20-year concession Movistar is expected to provide fixed wireless and mobile services in the capital Lima and the neighbouring city Callao in the 452.5MHz-457.5MHz and 462.5MHz-467.5MHz frequencies. Movistar is committed to the deployment of 501,000 lines in the two cities over a three-year period.
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NII posts 3Q results
- October 27th, 2007
- 9:19 am
Latin American wireless provider NII Holdings has posted its third quarter results, showing lower sequential subscriber growth but rising year-on-year revenues. The company said it added 327,000 net subscribers during the quarter at a churn rate of 1.6%, compared to 331,000 net additions in the previous quarter. Recent hurricanes in Mexico are said to have cost 10,000 to 15,000 net additions. NII’s monthly ARPU was USD59. Quarterly revenue rose 39% year-on-year to USD853 million. NII, which competes with Mexico’s America Movil and Spain’s Telefonica, operates in Mexico, Brazil, Argentina, Peru and Chile.
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MTC awards concession to Itaca (Peru)
- October 24th, 2007
- 7:28 am
Peru’s Ministry of Transport and Communications (MTC) has published a resolution to grant local firm Itaca Peru a 20-year concession to provide public telephony services, writes BNamericas citing local press. The MTC resolution stipulates that Itaca Peru must sign the licence within 60 days or forfeit the concession. Itaca Peru won a tender in July to install, operate and maintain broadband internet services in rural communities in the south-central, north and south regions of Peru. Another consortium, Rural Telecom, won a concession to operate internet services in the central, north-central and east-central regions. Under the terms of the project, the operators should deploy all the necessary infrastructure to provide broadband services in 2,840 communities, install 1,535 public telephones and offer residential telephony in 95 communities across the country. The project winners will receive USD15.1 million in financing from the government’s telecoms investment fund Fitel.
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