Cellco sales up 40%

27 Nov 2006

Paraguay’s Finance Ministry has reported that the country’s cellular operators brought in revenues of USD623 million in the first nine months of this year, up 40.1% from the same period in 2005. According to Ministry figures cited in a BNamericas report, Telecel, Núcleo, Hola Paraguay and CTI Móvil have invested a total of USD98 million between them so far this year. There were 2.82 million mobile subscribers at the end of September, the Ministry says.