CTI Móvil predicts 50% increase in subs by end of 2007

13 Jul 2007

Uruguayan cellco CTI Móvil, a unit of Mexican telecommunications giant América Móvil, expects to have 900,000 subscribers by the end of 2007, compared to the 600,000 it currently has, reports BNamericas, quoting local newspaper El País. The cellco recently announced a 23% cut in mobile telephony rates in a bid to tempt subscribers from rival operators Ancel, a subsidiary of state-owned telco Antel, and Movistar, part of the Spanish Telefónica Group. Movistar ended March 2007 with 874,600 customers, 12.5% up on the same point in 2006. Of these, 761,400 (87%) were pre-paid. Meanwhile, Ancel said it expects to add 250,000 new clients during 2007 and plans to be the first mobile operator in the country to launch 3G services, possibly by August.

Uruguay, Ancel, Claro Uruguay, Movistar Uruguay