Movistar GSM tower investment reaches USD10 million in year-to-date

20 Mar 2008

Venezuelan cellco Movistar, owned by Spain’s Telefonica, has invested USD10 million so far this year in deploying 40 GSM base stations in 17 states, the company said in a statement quoted by BNamericas. 21 of the sites will expand coverage on main roads and in remote towns. Earlier this month, Movistar installed its second GSM switch in Caracas, doubling network capacity. The operator offers GSM mobile services in tandem with its older nationwide CDMA-based system.

Venezuela, Movistar Venezuela