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Latest News in Peru / Archive
Communications | 14 May, 2009 [ 21:12 ]
Telefonica to invest $400 million in Peru in 2009
LivinginPeru.com
Isabel Guerra
Telefonica (which provides mobile phone, fixed phone, wireless and Internet services) will invest US $400 million dollars this year to expand its operations in the Peruvian market, said Javier Manzanares, head of Grupo Telefónica del Peru.
Manzanares said that the good performance of the Peruvian economy has led the company to not alter its investment plan.
"We still see a need to increase service coverage, especially in the interior of the country," Manzanares said.
He explained that wireless technology is growing more in Peru on average than in other countries, Telefónica already has 400,000 customers despite being a new product.
He also said that in the next few months we will see 3G cell phones prices dropping, which will lead to an increase of their sales in Peru.
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
Telefonica (which provides mobile phone, fixed phone, wireless and Internet services) will invest US $400 million dollars this year to expand its operations in the Peruvian market, said Javier Manzanares, head of Grupo Telefónica del Peru. Manzanares said that the good performance of the Peruvian economy has led the company to not alter its investment plan.
"We still see a need to increase service coverage, especially in the interior of the country," Manzanares said.
He explained that wireless technology is growing more in Peru on average than in other countries, Telefónica already has 400,000 customers despite being a new product.
He also said that in the next few months we will see 3G cell phones prices dropping, which will lead to an increase of their sales in Peru.
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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