Antel to invest USD800m in next four years

3 Nov 2010

Uruguay’s state-owned incumbent fixed line operator Antel has earmarked investment of around USD800 million for 2011-2014, local newspaper El Pais reports. The figure represents a 69% increase compared to the USD472 million spent during the previous four years. Antel will plough the funds into boosting transmission capacity and international links, as well as the expansion and development of network infrastructure and service platforms. According to TeleGeography’s GlobalComms Database, Antel holds a monopoly on the local and domestic long-distance wireline market, with a total of 953,655 fixed lines in service at the end of 2009, while the firm’s ISP AntelData held a 95.5% share on the broadband market at 30 June 2010. Antel also operates in the wireless market via its subsidiary Ancel, which at mid-2010 was Uruguay’s largest cellco by subscribers with a total customer base of 1.85 million, representing a market share of 42.6%.

Uruguay, Ancel, Antel, AntelData