Venezuelan telecoms revenue rises to VEB 3.3 bln in Q2

The Venezuelan telecoms industry had VEB 3.3 billion revenue in Q2 2006, up 22.3 percent vs the year-earlier period, according to preliminary figures from Conatel. Telecoms industry investment was VEB 443 million, up 46.7 percent. The growth was helped by the mobile phone service, which had 15.8 million lines, up 61 percent. There are around 58 mobile lines per 100 residents. The number of text messages sent was 6.14 billion, up 75.3 percent, for an average of 4.63 messages per person per day. There were 151,765 new fixed lines added in Q2 for a total of 3.85 million subscribers. The fixed-line subscriber base rose 10.3 percent vs Q2 2005. Venezuela ended Q2 with 151,161 public phones, up 13 percent vs Q2 2005. The number of internet subscribers was 703,930, up 33 percent. The number of broadband subscribers rose 62.3 percent. The number of subscription-TV customers was 1.16 million at end-Q2, up 12.7 percent vs Q2 2005. Around 18 people in 100 have subscription TV.

Source- http://www.telecompaper.com

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