América Móvil adds Paraguay

15 Jul 2005

Mexican-based mobile group América Móvil has completed the purchase of Paraguay’s smallest cellco Hutchison Telecommunications Paraguay (HTP) from Hutchison Telecommunications International Limited (HTIL). Whilst the value of the deal has not been disclosed, it is not thought to exceed USD20 million. HTP, which operates under the brand name Port-Hable, has a chequered history. Despite being awarded an A-band PCS licence in early 1995, it did not launch a commercial service until January 2000 and was forced to close its network later that year after experiencing numerous capacity problems. It was finally re-launched with an expanded network and increased subscriber capacity in March 2001. Since then the operator has expanded its services and reach, but remains well behind rivals Hola Paraguay, Núcleo and Telecel with around a 5% market share. América Móvil, however, is confident that its leadership can turn HTP into a genuine contender in Paraguay’s wireless market.

Paraguay, Claro Paraguay