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Latest News in Peru / Archive
Communications | 15 May, 2009 [ 15:35 ]
Foreign investment in Peru communications sector reached over 22 percent
LivinginPeru.com
Isabel Guerra
Peru's Deputy Minister of Communications, Jorge Cuba Hidalgo, said that the government’s goals on the telecommunications field “are coming true sooner than expected”.
He said that their goal was to have 15 land lines for every 100 Peruvians, and that up to now there are 10 lines for every 100 people.
“The number of mobile phone users has rapidly increased: we expect to have 22 million for April this year. Our teledensity goal was 80 cell phones for every 100 citizens, and there are currently 72.9, so we are very close," he added.
Cuba Hidalgo noted that the global financial crisis has not affected investment in the country’s telecommunications industry; on the contrary, by December 31, 2008, it attracted over US$3.4 billion of foreign investments, that is, 22% of total investments in the country.
“This largely surpasses the investments in energy and mining industry,” he said.
Have other topics you'd like to see in our news section? If you or someone you know would like to contribute a news article to Living in Peru, whether it's translated or based on a personal investigation, send it to editor@livinginperu.com.
Isabel Guerra
Peru's Deputy Minister of Communications, Jorge Cuba Hidalgo, said that the government’s goals on the telecommunications field “are coming true sooner than expected”. He said that their goal was to have 15 land lines for every 100 Peruvians, and that up to now there are 10 lines for every 100 people.
“The number of mobile phone users has rapidly increased: we expect to have 22 million for April this year. Our teledensity goal was 80 cell phones for every 100 citizens, and there are currently 72.9, so we are very close," he added.
Cuba Hidalgo noted that the global financial crisis has not affected investment in the country’s telecommunications industry; on the contrary, by December 31, 2008, it attracted over US$3.4 billion of foreign investments, that is, 22% of total investments in the country.
“This largely surpasses the investments in energy and mining industry,” he said.
Have other topics you'd like to see in our news section? If you or someone you know would like to contribute a news article to Living in Peru, whether it's translated or based on a personal investigation, send it to editor@livinginperu.com.
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