Mobile Telephony Expands 48.4% in 2005

Venezuela's mobile telephony sector grew 48.4% in 2005, reaching a total of 12,495,721 subscribers, local daily El Universal said, citing a report by telecoms regulator Conatel.

The increase is the largest since mobile service was introduced in the country, according to the paper, with some 4 million new lines being installed.

As a result, mobile penetration in Venezuela has reached 46.6%.

The country's mobile operators pulled in operating revenue of 10.5tn bolĂvares (US$4.9bn) during 2005, 42.6% higher than in 2004, while making investments worth 1.64tn bolĂvares, according to El Universal.

Fixed telephony increased only 9.1%, with 304,000 new lines being installed, for a total of 3,605,502.

BNamericas.com"

Posted to the site on 25th February 2006