Mexican-backed cellco Claro Peru is planning to invest PEN3 billion (USD987.1 million) over the next three years to expand coverage, increase network capacity and develop new value added services, local news outlet Gestion reports. The operator also claimed to have signed up 600,000 Long Term Evolution (LTE) subscribers in the eight months to end-December 2014, having launched the 4G service in May that year. The operator’s director of sales and distribution Hugo Gonzalez commented that Claro had: ‘sold a significant number of 4G LTE lines in Peru, despite not being the first to launch the technology … We are growing very fast which is an indicator of user preference.’ According to TeleGeography’s GloablComms Database, Claro was beaten to the punch by its Spanish-owned rival Movistar Peru, which launched LTE services in January 2014.
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