Telecoms news from Venezuela
Spain's Telefonica has taken a EUR 438 million (US$585 million) hit to its 2012 financial results following a sharp devaluation of the Venezuelan currency. ...more.
Movistar Venezuela has announced plans to invest Bs2.3 billion (US$535 million) upgrading its network during 2012. ...more.
Ceragon Networks says that Telefonica has selected it as one of its global microwave backhaul vendors. ...more.
Mobile network operators in Venezuela have been ordered to start blocking stolen and lost phones within three months following an instruction from the telecom regulator, Conatel. ...more.
The Venezuelan government has said that it plans to increase mobile phone production at the state-owned company, Vtelca to 2 million units this year. ...more.
MVNOs in Latin America are expected to generate revenues in excess of US$140 million by 2015, with Colombia and Venezuela leading the region, reports Signals Telecom Consulting. ...more.
Signals Telecom Consulting has published a report into the MVNO market in Latin and Southern America, which notes that in markets such as those of Colombia, Mexico and Venezuela, ...more.
The number of mobile connections in Venezuela stood at 26.67m at the end of Q3 08, with penetration edging over 100% during the quarter to finish on 100.6% ...more.
Movilnet, the largest mobile provider in Venezuela and a wholly-owned subsidiary of CANTV, and Amdocs have announced the deployment of Amdocs Billing to support Movilnet's new, nationwide, GSM network. ...more.
The German company Siemens has acknowledged paying millions of dollars in bribes to secure business in Venezuela and Argentina. ...more.
Telefonica has outlined plans to spend upwards of US$17-$20 billion on its Latin American networks over the next five years - and plans to shut down its CDMA networks eventually. ...more.
Venezuela and Russia are strengthening their strategic alliance with new plans to cooperate on oil production, weapons and even wireless technology, the governments said as two visiting Russian Tu-160 bombers left for home on Thursday. ...more.
Brazil, Mexico and Venezuela lead Latin America in adoption of the mobile Web according to the latest "State of the Mobile Web" report issued by Opera Software. Google leads the way in most countries, followed by some of the most popular social-networking sites. ...more.
DragonWave has announced that Omnivision has standardized on it for licensed-frequency wireless backhaul as it expands its WiMAX service offering into markets across Venezuela. ...more.
Intec, a global provider of business and operations support systems (BSS/OSS), has signed a contract with Venezuelan GSM operator, CorporaciÃ³n Digitel, for its Intec Interconnect solution suite. ...more.
Venezuela based Omnivision has concluded a commercial contract with South Korea's POSDATA FLYVO for the largest scale deployment in Latin America to expand mobile WiMAX service coverage in Venezuela. ...more.
Venezuelan state-owned telco Cantv expects to launch its GSM mobile telephony overlay in May 2008, government news agency ABN reported company president Socorro HernÃ¡ndez as saying. ...more.
Venezuela's tax agency Seniat has fined telecoms operator Movistar, owned by Spanish giant TelefÃ³nica, 10.6bn bolÃvares (US$4.9mn) for failure to pay certain taxes, Seniat said in a statement. ...more.
Venezuela's government invested US$140mn in its satellite project SimÃ³n BolÃvar in the first nine months of 2007 of the expected US$240mn, local telecoms regulator Conatel said in a statement. ...more.
Venezuela's telecoms regulator Conatel launched this week a public consultation on a reform bill that proposes to hold mobile operators accountable for the content sent in text messages via their networks, the watchdog said in a statement. ...more.