Telecoms news from Nicaragua

Telefonica Sells Minority Stake in Latin American Operations

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.

World Bank Increases Funding for Telecoms in Rural Nicaragua

The World Bank has approved the extension of the Rural Telecommunications Project with an additional credit of US$5 million, in order to expand access to telecommunications services among more than 200,000 rural inhabitants in the Caribbean coast and Rio San Juan Department in Nicaragua. ...more.

Yota Selects Bridgewater for Central and South American WiMAX Expansion

Russian WiMAX to LTE network operator, Yota has selected the Bridgewater Service Controller (AAA) anchored by Bridgewater's Subscriber Data Broker to support the rollout of its new national WiMAX service in Nicaragua. ...more.

Mobile Penetration in Nicaragua will Exceed 80 Percent by 2015

Despite the country's political instability and widespread poverty, Nicaragua's mobile penetration will top 80 percent by 2015 from 53.9 percent in 2010, fueled by expansion of prepaid subscriptions and urban mobile broadband connections, ...more.

Yota Begins WiMAX Network Deployment in Nicaragua

Russia based WiMAX network operator, Yota says that it has begun deploying a new network in Nicaragua. ...more.

Nigeria to launch two new communication satellites at a cost of $500m

The Nigerian federal government plans to launch two satellites, NIGCOM SAT 2 and 3 at the cost of $500 million, the Managing Director of Nigeria Communication Satellite, Alhaji Tima Ahmed Rufai said here Monday. ...more.

Mexico's America Movil Acquires Nicaraguan Telecom Firm

Mexico's America Movil, Latin America's largest mobile operator, said Thursday that it has acquired a Nicaraguan telecommunications firm as part of its expansion in Central America. ...more.

Enitel eyes US$100mn investment in 2008

Nicaraguan incumbent provider Enitel, owned by Mexican mobile holding company América Móvil, invested US$130mn in 2007 and plans to invest US$100mn this year, Enitel CEO David Ibarra was quoted as saying by local daily La Prensa. ...more.

Lat-Ams Left-wing govts advance on plan for joint telecoms firm

Representatives of telecoms firms in Cuba, Venezuela, Bolivia and Nicaragua are meeting to discuss the legal aspects of creating a telecoms firm to serve their markets, Andean newspapers reported. ...more.