Movistar to invest USD246 million next year; Wireless broadband for San Juan

7 Dec 2006

BNamericas reports that Movistar Argentina, a subsidiary of Spanish operator Telefónica, plans to invest ARS753 million (USD246 million) in 2007, mainly on infrastructure improvements that will allow it to offer new services such as mobile digital TV. This follows the recent news that Movistar’s closest competitors, CTI Móvil and Telecom Personal, will be investing USD268 million and USD162 million respectively, on the provision of 3G services. According to TeleGeography’s GlobalComms database, Movistar was Argentina’s most subscribed cellular network at the end of September 2006, with just shy of ten million subscribers.

Meanwhile BNamericas also reports that regional ISP Interredes has launched wireless broadband in the western province of San Juan to complement the dial-up service it already provides there. Initially the new service will cover greater San Juan area, home to 50,000 people. The ISP is planning to invest USD300,000 over the next three years to expand infrastructure and coverage, and hopes to offer voice-over-internet protocol (VoIP) by the end of 2007.