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Economy News
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July 30, 2007
Telephone Competition amongst Movistar, Movilnet and Digitel motivates sector growth

(Ultimas Noticias) - "It is estimated that by the end of this year CANTV would have approximately 1,200,000 new fixed telephone lines.

This information was given by the Minister of Popular Power for Telecommunications and Information, Jesse Chacón, during the programme 'Dialogue with' broadcasted this Sunday by Televen where he highlighted that at the end of this semester, in this way it there would be an increase of 213,992 new subscribers; from 4,288,062 lines to 4,502,054 new lines.

He believes that Venezuela continues a steady growth of all its telecommunication services and in the same way, the second trimester showed an increase of 1,572,413 mobile lines.

He highlighted that this figure was evidence of 77.05% of penetration in this sector, that is, for every 10 Venezuelans, 8 have mobile phones.

He explained that this growth was due to, amongst other things, the competition between Movistar, Movilnet and Digitel".

 
 
 
 
 
 
 
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