The number of mobile subscribers in Venezuela increased by 60% year-on-year to 15.8 million, or around 60% of the population, in the second quarter of 2006, regulator Conatel said in a statement. It added that the mobile sector’s 2Q revenues reached USD1.53 billion, up 22.3% over last year, and investments rose 46.7% to USD206 million. According to TeleGeography’s GlobalComms database, mobile market leader Movistar had 7.065 million customers at the end of June, closely trailed by CANTV subsidiary Movilnet with 6.57 million, whilst third placed Digitel had around two million users.
Conatel reported that fixed lines experienced growth, rising 10.3% from 2Q 2005 to 3.854 million, or around 14 lines per 100 inhabitants. The number of dial-up and broadband internet subscribers increased 33% to 703,930 from the previous year. The watchdog expects to see more growth in areas where access to telephony and internet services is currently low. Earlier this week it announced plans to invest USD100 million in expanding internet and fixed line penetration.