Telecoms news from Paraguay
Millicom today announced that it has signed an agreement to buy Cablevisiůn Paraguay for US$150 million. ...more.
Western Union has signed an agreement with Millicom to introduce cross-border mobile money transfers in Latin America though Millicom's Tigo branded mobile networks. ...more.
A Paraguayan Catholic Bishop has denounced mobile phones as tools of sin and said that the devices are accursed in a speech given at Caacupe. ...more.
The Paraguayan government worked closely with the DEA earlier this year to expand its capacity to spy on cellphone calls to confront the threat posed by a band of leftist rebels, according to a U.S. diplomatic cable published by WikiLeaks. ...more.
Paraguay's state-owned telecoms network operator, Copaco has announced that it has brought the local mobile network, Hola Paraguay, which trades as Vox for an undisclosed amount. ...more.
Telecom Argentina has seen its first quarter profits rise by 17% to P$411 million (US$105 million), while revenues were up by 15% to P$3.25 billion (US$832 million). ...more.
The European Investment Bank (EIB) is providing EUR68.5 million (US$106.9 million) to Millicom subsidiary, Telef√É¬≥nica Celular del Paraguay SA (Telecel) to part-finance the expansion of its GSM network structure. ...more.
Telecom Argentina's mobile unit Personal added more than half a million customers in its home market in Q4 2007 to end the year with a total of 10.67m - 27% up year on year. ...more.
Ericsson has been chosen by Paraguay's operator, Personal to supply a nationwide WCDMA/HSPA network. Under the one-year frame agreement, Ericsson will be the sole supplier of a WCDMA/HSPA radio network and a fully IP-based common core network, including Ericsson's Mobile Softswitch Solution. ...more.
Paraguayan mobile operator Telecel, which operates under the Tigo brand, was due to shut down its TDMA network on January 3 and end its Tele2 service, local paper La Naci√É¬≥n reported company general manager Miguel Blasco as saying. ...more.
Mobile telephony operators in Paraguay posted revenues of US$357mn in the first 10 months of 2007, up 20.6% compared to the same period last year, local press reported, citing data from Paraguay's economy ministry. ...more.
Paraguayan mobile operator Telecel, which operates under the Tigo brand, expects to end 2008 with approximately 2.6mn subscribers compared to some 2mn forecast for end-2007, local newspaper La Naci√É¬≥n reported company general manager Miguel Blasco as saying. ...more.
Paraguayan mobile operators must implement by January 15, 2008 platforms that automatically detect and block the use of SIM cards from stolen mobile phones, V√É¬≠ctor Mart√É¬≠nez, head of the technical department of telecoms regulator Conatel, told BNamericas. ...more.
Paraguayan mobile operator CTI M√É¬≥vil has launched 3G services in capital Asunci√É¬≥n, local newspaper La Naci√É¬≥n reported company general manager Luciano Mauroni as saying. ...more.
Credit ratings agency Fitch Argentina affirmed its A(arg) rating on bonds issued by local mobile operator Personal, Fitch said in a statement. ...more.
Argentine mobile operator Personal recorded net profits of 130mn pesos (US$41.6mn) in the second quarter of 2007, up 261% compared to 36mn pesos in the same period last year, the company said in an earnings statement. ...more.
Paraguayan mobile operator Personal has awarded Canadian wireless equipment firm Redline Communications a contract for additional infrastructure to expand its Hipuu! WiMax service, the vendor said in a statement. ...more.
Mobile operator CTI Movil, which groups the operations in Argentina, Paraguay and Uruguay of Mexican group America Movil, saw revenues of 1.5bn pesos (US$474mn) in the third quarter of 2007, an increase of 28.2% compared to 1.17bn pesos in 3Q06, AMX said in a statement. ...more.
Paraguay has expanded the obligation to bill by the second to cover all fixed and mobile operations, starting October 1, local press reported. ...more.