Movistar Peru plans USD232 million investment in 2008

19 Aug 2008

BNamericas is reporting that Movistar Peru has set aside PEN681 million (USD232 million) for investment in 2008. Movistar, a subsidiary of Spanish telecoms operator Telefonica, expects to use the funds to expand and improve networks and systems in its current areas of operation, while also expanding into new rural areas. According to TeleGeography’s GlobalComms database, Movistar is also planning to launch 3G services by the end of the year.

Subscribe

Subscribe to CommsUpdate to get the day’s top telecom headlines delivered to your email.

Subscribe to CommsUpdate

Feedback

Have feedback, corrections, or story ideas? Send them to editors@commsupdate.com.

Browse Past Issues

Filter

Filter CommsUpdate by the following categories or use the search.

Search

Visit our help page information on performing advanced searches, including how to restrict the results by country or company.

Advertise

CommsUpdate is an outstanding advertising venue for companies seeking to reach:

  • International carriers
  • Wholesale service providers
  • Equipment and software vendors
  • Telecom investors
  • Regulators

Learn more about advertising on CommsUpdate.

Share