Monday 11 February 2008

FIXED LINE TELECOMMUNICATIONS MARKET

AMERICAS: FEBRUARY 2008 - Investment programmes of Argentine telcos.

Infobae recently reported that Argentina's three largest telecommunications operators are expected to invest approximately 3.5 billion pesos in 2008 mainly in broadband and mobile network infrastructure.

Telecom Argentina plans to invest approximately 1bn pesos which is the same amount as in 2007.

Telefónica de Argentina will invest 1.7bn pesos in 2008 as part of a planned three year 6 billion pesos investment in its domestic operations which was announced by company President Eduardo Caride in December 2007; 950 million pesos is earmarked for upgrading its fixed line services. Investments for 2009 and 2010 'will depend on technological developments in Argentina...including telecom operators' possibility of offering TV services via internet,' Caride said. Telcos are prohibited from offering television services under Argentine legislation although cable TV operators are able to provide telecom services.

The two...more

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