Antel announces five-year price reduction plan

6 Sep 2005

Uruguay’s state-backed monopoly fixed line operator Antel plans to reduce the cost of basic voice telephony services over the next five years in order to encourage more use of the service, according to BNamericas quoting local newspaper El Pais. The operator currently derives more than 70% of its revenues from voice telephony services, but expects this figure to fall considerably as a result of the wider availability of cheaper mobile and IP-based alternatives. Antel hopes the phased reduction of its tariffs will go part way to arrest the decline and also entice more new users to buy a fixed line.

Uruguay, Antel