Telefonica's broadband subscriber base passes one million mark

22 Sep 2008

The broadband subscriber base of Telefonica de Argentina has passed the one million barrier, climbing from 816,000 at the end of 2007 and 500,000 one year earlier, reports Telecompaper. The telco has invested more than ARS1.2 billion (USD397 million) in the deployment of its high speed internet network, of which more than half was spent in the last three years. Broadband CAPEX for 2008 is expected to reach ARS300 million.

Argentina, Telefonica Argentina (Movistar)