Posts filed under ‘Latin America’
Telefonica Chile has reported preliminary results for the year ended 31 January 2008 which show a 1% fall in revenues to CLP685.27 billion (USD1.14 billion). Operating profit for the twelve month period slipped by over a quarter, from CLP76.8 billion to CLP57.1 billion, while net profit rose from CLP11.82 billion to CLP17.6 billion.
In a separate but related announcement Chile’s anti-monopoly regulator, the Tribunal for the Defence of Free Competition (TDLC) said it rejected a lawsuit brought by Telmex alleging monopolistic practices by Telefonica Chile. The TDLC said it rejected the lawsuit because there was no evidence that Telefonica had taken actions meant unequivocally to impede, restrict or obstruct freedom of opportunity.
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.
The mobile arm of Honduran national PTO Hondutel is making headway in the sector despite intense local competition, says company CEO Jorge Alberto Rosa, as reported by BNamericas quoting an interview with local daily La Tribuna. ‘We continue to grow; in the area of Santa Rosa de Copan we are finishing the installation of new offices and we are ready to offer mobile telephony,’ the CEO said. Hondutel, through Honducel, launched mobile services in July 2007 but has reputedly struggled to flourish due to its solely urban coverage. The service, which is available in the capital Tegucigalpa as well as in San Pedro Sula, La Ceiba, Juticalpa, Catacamas and 200 other communities, has 80,000 users.
Venezuelan GSM mobile operator Digitel expects to announce the commercial launch of 3G services by the end of the first quarter of this year, reports BNamericas, quoting its commercial vice president Luis Perez, who was speaking to local press. The VP also said that the cellco expected to add 1.5 million new mobile lines during 2009 to reach a total of around 7.5 million, and expected the launch of 3G to play a significant part in achieving this aim. Subscribers in greater Caracas alone are expected to total 2.8 million by year-end, with a total of 1.3 million customers in the Centro region and a further one million in the Centro Llanos region also predicted. According to AIKresearh’s database, Venezuela’s largest cellco by subscribers, state-run Movilnet, has tentatively scheduled the rollout of 3G UMTS services for late 2009, following its limited rollout of a GSM-based network in December 2008, whilst second-place operator Movistar Venezuela, owned by Spain’s Telefonica, launched 3G/3.5G W-CDMA/HSDPA services earlier in the same month. Both Movilnet and Movistar have reported high levels of demand for their 3G EV-DO-based data/internet services, both of which were launched in 2005.
Cuban state-owned telco ETECSA increased its wireless subscriber base by more than 130,000 in 2008, BNamericas reports. ETECSA, the sole cellco in Cuba, finished the year with 330,000 subscribers compared to 273,600 in September 2008. The increase was due to a move by the government to make mobile phones more accessible to citizens by reducing the cost of activating wireless devices. ETECSA hopes to increase its subscriber base by 250,000 in 2009, rising to a total of 1.6 million by 2012, equivalent to around 10% of the Cuban population.
BNamericas reports that Ancel, the Uruguayan mobile arm of state-owned telco Antel will soon boast 1.5 million wireless subscribers, up from 1.24 million at the end of September 2008. Ancel plans to expand its GSM and 3G coverage by investing USD81 million in its networks. Ancel is the country’s second largest wireless operator by subscribers, behind Movistar but ahead of third placed Claro.
3G Americas, a wireless industry trade association representing the GSM family of technologies including LTE, today announces that a historic milestone was achieved for the wireless industry in December 2008 with 4 billion connections to mobile devices worldwide. This estimate by Informa Telecoms & Media represents 60% of the entire global population today. In some countries, millions of people are now experiencing connectivity to the world for the first time through wireless and changing their economic, social and political fortunes forever.
The Latin America and Caribbean region continues to show steady consumer growth with 16% year-on-year growth as subscription numbers are expected to reach in excess of 440 million, equating to 76% penetration, noted Marisol Gomez, Americas regional analyst at Informa Telecoms & Media.