YOU ARE AT:AmericasLatAm Wrap-Up: Argentina to invest $1.4B in telco; Brazil’s Telefónica expands fiber

LatAm Wrap-Up: Argentina to invest $1.4B in telco; Brazil’s Telefónica expands fiber

Brazilian telecom operator Vivo announced plans to expand its fiber optic network across state capitals of Recife, Rio de Janeiro, Curitiba, Brasília, Salvador and Porto Alegre. The carrier, which is controlled by Spanish group Telefónica, said the initiative is part of its plans to gain corporate market share outside of São Paulo and will include the deployment of more than 83 miles of fiber.

Vivo currently rents last-mile fiber from third parties.

Vivo rival TIM said it has expanded its ultra-broadband services to more 16 neighborhoods in Rio de Janeiro and São Paulo, bringing total coverage to 77 neighborhoods.

Argentina’s investments: The Argentinian government announced plans to allocate $1.422 billion next year to finance telecommunications plans. The amount is a 15% increase over the $1.094 billion earmarked for 2013. The total investment still needs approvals by the House of Representatives. The amount is expected to be allocated to support Argentina Conectada (Argentina Connected), Digital Terrestrial Television (DTT) and to Arsat, among others.

Openet expands in CaLA: Policy and charging control company Openet is optimistic that LTE deployments across the Caribbean and Latin American region will boost its sales, with Brazil a focal point of potential, according to Juliana Su, COO of Openet. In an interview with RCR Wireless News, revenue from the region stays is reinvested in the region. The company’s clients include Brazilian Nextel and Algar Telecom — and more are coming, said Su. “LTE can push CaLA [results] as we benefit from our experience in Europe.”

Venezuela competition stagnant: Venezuela’s service market is not expected to see much change in competition over the next five years, as Pyramid Research noted in a report that Cantv-Movilnet and Movistar will see their percentage of the country’s total revenues remain constant at around 74%.

More news from Latin American region:

Be sure not to miss what’s happening in Latin America’s wireless markets. Check out RCR Wireless News wrap ups.

ABOUT AUTHOR

Roberta Prescott
Roberta Prescott
Editor, [email protected] Roberta Prescott is responsible for Latin America reporting news and analysis, interviewing key stakeholders. Roberta has worked as an IT and telecommunication journalist since March 2005, when she started as a reporter with InformationWeek Brasil magazine and its website IT Web. In July 2006, Prescott was promoted to be the editor-in-chief, and, beyond the magazine and website, was in charge for all ICT products, such as IT events and CIO awards. In mid-2010, she was promoted to the position of executive editor, with responsibility for all the editorial products and content of IT Mídia. Prescott has worked as a journalist since 1998 and has three journalism prizes. In 2009, she won, along with InformationWeek Brasil team, the press prize 11th Prêmio Imprensa Embratel. In 2008, she won the 7th Unisys Journalism Prize and in 2006 was the editor-in-chief when InformationWeek Brasil won the 20th media award Prêmio Veículos de Comunicação. She graduated in Journalism by the Pontifícia Universidade Católica de Campinas, has done specialization in journalism at the Universidad de Navarra (Spain, 2003) and Master in Journalism at IICS – Universidad de Navarra (Brazil, 2010) and MBA – Executive Education at the Getulio Vargas Foundation.

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