80% of Peruvian localities, most of which were rural, lacked internet coverage in 2016 Last week, an Alphabet Inc. subsidiary Loon, which uses stratospheric, autonomous balloons to deliver mobile internet to …
Peru
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RIO DE JANEIRO — Rio de Janeiro is set to host its first Olympic Games next year. From an information technology and telecommunications perspective, sponsors are responsible for implementing the infrastructure needed …
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América Móvil posted 219.999 billion pesos ($13.7 billion) in second quarter revenue, almost flat (-0.1%) compared to the same quarter in 2014. However, the company’s earnings before interest, taxes, depreciation and …
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LTE expansion is primary goal of investment Spanish group Telefónica has announced two major investments in Peru and Argentina. The Telco confirmed that it will invest approximately $2 billion in 2015-17 to …
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Vietnamese-owned Viettel Group last week officially launched its Bitel-branded mobile service in Peru. The operator, the fourth entrant into the market, launched with a 3G network that it said covers …
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With an expected investment of $1.2 billion over the next five years, Entel, which bought Nextel Peru in 2013, has begun its new operations in Peru, seeking to stimulate competition in …
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Mobile wallet, satellite broadband, carrier Wi-Fi, fiber-to-the-home, machine-to-machine services and LTE are the main technology trends in Latin America for 2014, according to Frost & Sullivan. The key technology this …
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Spanish telecom giant Telefónica denied a report that it is preparing a joint offer to take over Telecom Italia’s Brazilian unit, TIM. The Italian newspaper Il Sole 24 Ore published …
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A consortium made up of Mexican broadcaster TV Azteca and Tendai won a bid to install and operate a fiber optic network covering nearly 80% of Peru. The National Fiber …
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LTE services are growing across Latin America. Following launches in other countries, Movistar Peru announced it will commercially launch its LTE services on Jan. 2. The service will initially be …
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Colombian Empresa de Telecomunicaciones de Bogotá has decided to sell its nearly 25% stake in Colombia Móvil-Tigo to UNE-EPM for $240 million. Earlier this year, Millicon and EPM Telecomunicaciones, the largest …
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Brasil has the most expensive cell phone rates on the planet, according to a study released by the International Telecommunications Union (ITU). According to the organization, a one-minute call in …
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A new carrier was announced in Brazil last week. On Telecom will begin its operations backed by billionaire financier George Soros. The new competitor, which is targeting a niche in …
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The two largest telecom operators in Latin America have released their second quarter financial results. América Móvil beat expectations, reporting better-than-expected second quarter core profits and revenue, as more customers …
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The advanced wireless services (1.7/2.1 GHz) spectrum band auction in Peru is scheduled for July 22. ProInversión announced that four carriers have qualified to bid in the auction that will …
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Five telecom operators have been granted licenses to deploy LTE services in Colombia. The Ministry of Information Technology and Communications (Mintic) awarded five LTE licences for a total of $401 …
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Last week was a busy one for Latin American carriers. While U.S.-based NII Holdings announced it is exiting Peru by selling its Nextel operations to Entel, Virgin Mobile announced the soft …
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Editor’s Note: Welcome to our weekly feature, Analyst Angle. We’ve collected a group of the industry’s leading analysts to give their outlook on the hot topics in the wireless industry. The Peruvian …
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While dominated by the two largest Latin American telecom companies, Telefónica’s Movistar and América Móvil’s Claro, Peru’s wireless market still holds promise. It is a highly competitive market with room …
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Vietnamese mobile network operator the Viettel Group was set to launch operations on Saturday, January 26, according to the Ministry of Transport and Communications (MTC). However, under the concession, Viettel …
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Peru’s unit of Telefónica has accepted the requirements imposed that the Peruvian government for renewing its operating licenses. Telefónica classified the conditions and terms required by the Ministry of Transport …
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A recent U.S.$64 million (€48 million) contract with Telefónica in Peru may be a good sign for Eventis. The Spanish company, which focuses on technology, telecommunications and infrastructure, is looking …
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Peru’s regulatory agency, OSIPTEL, has prohibited telecom operators from using the term “4G” or “Fourth Generation” to market their products. Lenka Zajec, the agency’s corporate communications manager, told RCR Wireless News …
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WiMAX is not dead. At least in Peru, where the national firm Olo has launched mobile Internet services using WiMAX. It is offering prepaid mobile data services in the Lima capital …
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When negotiating renewal of its licenses in Peru, Spanish-owned Telefónica announced it would investment U.S.$29.50 million (PEN 77 million) in the regions of Lambayeque and Piura to improve infrastructure, and expand …