CANTV carries out fibre upgrades

5 Feb 2007

Venezuelan incumbent fixed line operator CANTV has begun a programme of upgrading its national fibre-optic network, reports BNamericas, quoting a company statement. The project began on January 27 in Puerto La Cruz and will also include Caracas, Barquisimeto, Maracaibo and Acarigua. The improvements will boost the network’s traffic capacity.

Venezuela’s President Hugo Chávez is aiming to move ahead swiftly with a plan to nationalise CANTV. According to BNamericas, Chávez has said that one of the reasons for nationalisation is that in private hands the company has only developed its networks in the more densely populated and affluent northern region, leaving the less profitable south behind. All of the cities slated for network upgrades are in the north of the country.

Venezuela, CANTV