Paraguay: Mobile Operators' Revs Up 20.6% in Jan-Oct

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.

During 2006, the operators generated revenues of US$345mn.

The country's mobile operators are Telecel, a unit of Luxembourg-based Millicom International Cellular, Hola, which is backed by Japanese investors, Telecom Argentina's unit Personal and Mexican giant Amƒ©rica Mƒ³vil's unit CTI Mƒ³vil.

Posted to the site on 2nd January 2008

Posted to: www.cellular-news.com/story/28355.php