Telecoms news from Guatemala
Spain's Telefonica has announced the sale of a 40% stake in its assets in El Salvador, Guatemala, Nicaragua, and Panama for US$500 million, ...more.
Huawei has been selected by Millicom, a mobile phone network provider in Latin America and Africa, to deploy an international long-distance network in Central America. ...more.
The Guatemalan telecom market is expected to reach $2.8 billion by 2015 growing at a CAGR of 4.8 percent. The drivers behind this rapid expansion will be a 16-point advance in mobile penetration, as well as increases in data services and growth in pay-TV household penetration, ...more.
High-level market penetration in markets such as El Salvador, Guatemala and Panama, together with falling income from fixed line and long-distance services, are forcing operators to seek out new sources of revenue, ...more.
The telecommunications market in Guatemala is expected to grow at a CAGR of 5.3 percent over the next five years, reaching $2.8 billion in 2014, with mobile data, broadband, and pay-TV leading the expansion, ...more.
Millicom International says that it has purchased the remaining shares in two joint ventures, Navega in Central America and its business in Chad, for a proportional total of US$60 million. ...more.
Silicon Valley-based ViVOtech announced today that its provisioning software for Near Field Communication (NFC) mobile payments is being used in the first NFC mobile payment trial in Latin America led by Visa, in Guatemala. ...more.
Millicom International Cellular has launched 3G services in Guatemala, Honduras and as previously reported, Bolivia. ...more.
Nortel Networks has announced two contracts for All-IP voice core platforms. The contracts are with American Samoa's Blue Sky Communications and Guatemala's Claro. ...more.
Spanish telecom giant Telefonica plans to invest some US$80mn in Guatemala before the end of 2007 to provide coast to coast coverage, local daily El Diario de Hoy quoted the company's regional director, Juan Antonio Abellan, as saying. ...more.