Entel Chile to invest USD 1.2 bln in Peru in 2015-2020

Thursday 28 August 2014 | 14:12 CET | News
Chilean telecoms operator Entel expects to invest USD 1.2 billion in the Peruvian market during the 2015-2020 period, El Comercio reports. In Peru, Entel owns mobile operator Nextel and telecoms services firm Americatel. With this investment level, Entel aims to reach a market share of 30 percent in the Peruvian mobile telephony market in the medium term. Nextel Peru currently has a market share of 5 percent in the local mobile market, according to the report. Entel's mobile operation in Peru reached 1.45 customers at the end of the second quarter; declining 3 percent compared to the first

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Categories: Mobile & Wireless
Companies: Entel / Nextel Peru
Countries: Chile / Peru
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