Telesemana reports that Claro Chile intends to invest around USD500 million in 2013, primarily on infrastructure development. Gerardo Munoz, the general manager of the Mexican-backed telco said: ‘We have big plans for LTE [Long Term Evolution] technology, which we will be applying next year,’ adding that the company would be investing in cable and digital TV. As noted by TeleGeography’s GlobalComms Database, America Movil-owned Claro Chile claimed 5.73 million wireless subscribers at the end of June 2012 representing 22.7% of the market.
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