Bolivian operators invest USD460m so far in 2015

15 Oct 2015

Bolivian telcos Entel, Tigo and Viva (NuevaTel) invested a combined total of USD460 million in the first nine months of this year to roll out 4G LTE technology, expand their existing mobile networks and deploy fibre-optic infrastructure. A report from local newspaper La Razon says state-backed operator Entel was responsible for the bulk of the investment, spending USD300 million – or 83.3% of its planned spend for full year 2015 – while Tigo followed with USD100 million and Viva spent USD60 million. Entel claimed around 43.5% of the country’s 10.5 million mobile subscribers at the end of June 2015, according to TeleGeography’s GlobalComms Database, while Tigo took 29.3% and Viva had 27.2%.