Bolivia's Entel reports rising profits, revenues; targets USD1bn investment for 2016-20

22 Jan 2016

Bolivia’s former monopoly operator, state-backed Empresa Nacional de Telecomunicaciones (Entel), booked revenue of BOB4.247 billion (USD630.2 million) for the twelve months ended 31 December 2015, up 4% from BOB4.080 billion in FY 2014, Deputy Minister of Telecommunications Marco Antonio Vasquez has confirmed in a statement. Net income climbed 8.3% year-on-year to BOB965 million from BOB891 million, the minister confirmed as he announced details of the government’s report, the ‘Final Court of Public Accountability the Ministry of Public Works, Services and Housing (OOPP)’. Further, Vasquez noted that last year the OOPP invested approximately BOB3.814 billion into state-run Entel, adding that the telco plans to spend around USD1 billion in investment over the five-year period 2016-2020, with a focus on improving its mobile infrastructure and covering underserved communities. To date, the operator has deployed 3,905 base stations and signed up a total of five million mobile users – almost half the population – roughly 2.5 million of which access the internet via a smartphone.

According to TeleGeography’s GlobalComms Database, Entel is the dominant provider of internet access and wireless services in Bolivia, and is also the country’s former monopoly domestic and international long-distance (DLD and ILD) operator.

Bolivia, Empresa Nacional de Telecomunicaciones (Entel)