YOU ARE AT:TagsPeru

BROWSING: Peru

Autonomous balloons to bring internet to rural Peru

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 remote regions, has signed a commercial deal to provide service to parts of the Amazon rainforest...

Brazil and Cisco prep ICT infrastructure for 2016 Rio Olympics

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 for the games, as well as provide connectivity at all 38 competition venues across...

LatAm: América Móvil income down; $6B investment in Mexico

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 amortization decreased 5% year-over-year and net income dropped 16% year-over-year. Looking at the first half...

Telefónica invests $2.9B in Argentina, Peru

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 deploy telecom infrastructure throughout Peru. During a visit to the country, César Alierta, Telefónica's president, reinforced...

LatAm: Viettel launches Bitel brand in Peru; America Movil posts Q3 results

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 80% of the nation with mobile broadband service. Viettel in early 2013 initially launched technical...

LatAm: Entel announces $1.2 billion investment in Peru

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 the telecommunications market. The carrier's investment will focus on network deployment, technology and growth in customer...

LatAm Wrap-Up: 2014 regional forecasts; Peru adjusts 900 MHz band for Viettel

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 year according to the firm’s analysts is LTE, which is gaining relevance across the...

LatAm Wrap-Up: Telefónica, Telecom Italia deny sale of TIM; Movistar Peru launches LTE

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 an article last week stating that Telefónica was working on a joint offer to buy...

LatAm Wrap-Up: Mexican consortium wins Peru fiber optic bid; Colombian Vive Digital update

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 Optic Backbone grant consists of the design, deployment and operation of a 13,000-kilometer fiber...

LatAm Wrap-Up: Movistar Peru to launch LTE; smartphones to reach 154.7 million units in 2017

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 available in seven districts within the Lima region. Movistar Peru named its LTE service...

LatAm Wrap-Up: Colombian ETB sells Tigo shares to UNE-EPM; Viettel launches in Peru

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 shareholder of UNE EPM Telecomunicaciones, entered into exclusive negotiations about the possible combination of their...

LatAm Wrap-Up: ITU says Brazil has world’s most expensive rates; Huawei moves regional HQ

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 Brazil costs about U.S.$0.71 to $0.74, three times more than a similar call in the U.S....

LatAm Wrap-Up: On Telecom starts in Brazil; Mexican telecom sector grew 7.7% in 1H13

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 the Brazilian market,  will offer home and office connections over TD-LTE. On Telecom is...

LatAm Wrap-Up: Telefónica, América Móvil Q2 results; LatAm investment leaders

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 made mobile calls in Mexico and South America. As for the Spanish group Telefónica,...

LatAm Wrap-Up: Peru to auction AWS spectrum; Mexico to invest $55B in telecom

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 enable LTE deployment in the country. The participating telecom operators are: Telefónica Móviles (Movistar),...

LatAm Wrap-Up: 5 carriers receive LTE licenses in Colombia; Telefónica to promote WP8

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 million. Avantel, ETB/Tigo and Movistar were awarded frequency bands in the 1.7/2.1 GHz (AWS—advanced wireless...

LatAm Wrap Up: Entel buys Nextel Peru; Virgin Mobile MVNO launches in Colombia

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 launch of its mobile virtual network operator in Colombia. Also in Colombia, Millicom’s Tigo...

Analyst Angle: Peru is a rising telecom star

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 telecommunications market has shown significant growth during the last few years. Peru's economy is in...

Feature report: Peru’s emerging mobile market is ready to grow

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 to grow in several areas.  The telecom sector is already a key pillar of Peru’s...

Viettel launches technical operations in Peru

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 was only contractually obliged to launch technical operations. So, Viettel did not kick off...

Telefónica Peru grudgingly accepts government conditions for license renewal

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 and Communications (MTC) as harsh and said that they are unprecedented. Follow RCR Wireless News—Americas...

Ezentis shifts focus to Latin America, helped by $64M Telefónica Peru contract

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 for growth in Latin America, and in early January, Eventis' Peruvian arm, Calatel, signed...

Peru’s OSIPTEL forbids carriers from using 4G term; to auction 1.7/2.1 GHz in 2013

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 that the measure is based on the need to ensure the accuracy of information...

WiMAX is still alive: Peru’s Olo launches services

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 area. Follow RCR Wireless News—Americas on Twitter, Facebook and subscribe to our free periodic newsletters News reports noted that Olo...