EMAT News Feed

Peru’s three main mobile networks, Nextel del Peru, S.A., Claro and Telefónica del Perú have been instructed by the regulator to disconnect any unregistered prepay SIM cards from the start of September this year.

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Korea Telecom (KT), in partnership with Peruvian business group Romero, plans to invest over USD 150 million to develop broadband projects in Peru, according to Peru’s minister of transport and communications Enrique Cornejo. The initiative aims to expand the country’s broadband infrastructure and make it a driver of national productivity growth, said Jorge Puga, vice-minister of communications.

According to ministry data, in recent years, the telecommunications sector accounted for 22 percent of the overall investments in Peru. “KT is not here to compete, but to develop the opportunities offered by the Peruvian company [Grupo Romero] that already has the spectrum allocated but does not have sufficient capacity to develop the broadband infrastructure,” Puga said.

The companies will develop a broadband infrastructure in the 2.3 GHz spectrum band. The vice-minister also announced there are other spectrum bands available in Peru for broadband services provision, and that spectrum tenders could be launched starting with the second half of this year.

Grupo Romero wholly owns the Internet Service Provider Sitel / Digital Way

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Wireless operator America Movil and fixed-line company Telmex Internacional - both controlled by Mexican billionaire Carlos Slim – plan to make $880 million in infrastructure investments in Peru through 2012, the head of America Movil’s Peruvian unit, Sr Humberto Chavez Lopez, said.

“This investment will be carried out over three years. The investment by America Movil will total $500 million, while Telmex will invest an additional $380 million,” Chavez said.

The announcement was made during the inauguration of a new $110 million, 3,200-kilometer (1,990-mile) fiber-optic network that runs the entire length of Peru’s Pacific coast, the official Andina news agency said.

“This network will be a voice, data and video superhighway with state-of-the-art technology for users,” the executive said.

America Movil, which entered Peru in 2005 and operates under the Claro brand; and Telmex Peru, a unit of Telmex Internacional, have already installed three ducts for the fiber-optic cable, Chavez said.

Construction of America Movil’s corporate headquarters in Lima was also launched during the same inauguration ceremony, attended by Peruvian President Alan Garcia.(EFE News Service)

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Telmex International, the holding company for Telmex’s Latin American subsidiaries, reported revenues up 24.7 percent to MXN 24.39 billion in the third quarter. Revenue growth was 7.6 percent in Brazil, 25.6 percent in Colombia, 16.3 percent in Argentina, 29.8 percent in Chile, and 17.8 percent in Peru. Group EBITDA climbed 29.7 percent to MXN 6.28 billion. Third-quarter net income reached MXN 2.79 billion, up 141.2 percent from MXN 1.15 billion in the year-earlier period, generating earnings of MXP 0.15 per share, up 150 percent year-on-year. As of the end of September, Telmex International had 14.2 million RGUs, up 5.2 percent versus the second quarter of 2009 and 327.8 percent more than a year earlier.

NII Holdings – which trades as Nextel – has contracted with SmartTrust for SIM and handset OTA management in its networks in Argentina, Brazil, Mexico, Peru, and Chile.