CTI Móvil investment details

19 Jan 2007

A company statement from Argentina’s second-placed cellco CTI Móvil, reported by BNamericas, said that 2006’s total investment was USD253 million, which bought (amongst other things) 503 new network antennas, 13 ‘customer care centres’ and a USD23.5 million operations centre in Córdoba province. CTI, part of the Mexican América Móvil group, now operates a GSM network comprising 2,857 base stations nationwide, with coverage in each of the 23 provincias, and according to TeleGeography’s GlobalComms database had a subscriber base of just over nine million at the end of the third quarter 2006, about a million behind market leader Movistar, part of the Spanish Telefónica empire. The statement also revealed that CTI intends to invest USD268 million on infrastructure during 2007, mainly on 3G.

Argentina, Claro Argentina