Posts filed under ‘Antel’
Uruguayan state-owned telecoms operator Antel has announced its mobile unit Ancel has reached 1.5 million subscribers. Ancel is closing the gap between itself and rival cellco America Movil-owned Claro Uruguay, which had 1.459 million wireless subscribers at 31 March 2009. Ancel launched a GSM-1800 network including GPRS in Montevideo April 2004, with an EDGE upgrade initiated in the following October. Ancel first trialled 3G services in September 2005, in partnership with Chinese vendor Huawei. 3.5G services were launched in July 2007 in Montevideo and a year later its 3G network was available nationwide. Ancel plans to invest USD81 million in 2009, mainly to expand its GSM and 3G coverage.
Uruguayan telco Antel has been invited by the Solidarity Fund of Ecuador to invest in Ecuadorian state-run cellco Telecsa (Alegro). Antel said in a statement that it wants to operate in Ecuador, where it already provides consultancy services. The company said that it would not take a majority equity stake in Telecsa, but its investment would be ‘significant’. Antel is also working as a consultancy in other Latin American countries including Venezuela, Cuba and Paraguay.
Three telecoms operators have expressed interest in becoming the strategic partner of Ecuadorian state-owned mobile operator Telecsa (Alegro PCS), according to BNamericas quoting local newspaper El Telegrafo. The three potential investors are Venezuelan state-owned cellco Movilnet, Uruguay’s government-run telco Antel and Indonesian operator Telkom. According to the reports, selection of the partner will be concluded in 60-90 days, and is expected to inject capital to boost the mobile operator’s business in Ecuador, where it is positioned third in the subscriber market behind Mexican-backed Conecel (Porta) and Spanish-owned Movistar. Ecuador’s President Rafael Correa threatened earlier this month that if Alegro did not turn a profit within twelve months, it would be sold. According to previous press reports, the firm has reported USD200 million in losses since its creation.