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Wireless

Telefonica commits to Venezuela, reports 536 stolen antennas

Thursday 20 December 2018 | 11:00 CET | News
Telefonica has no plans to abandon Venezuela in spite of the country's soaring inflation, capped prices and a spate of mobile base station thefts, reports Bloomberg, citing Movistar Venezuela president Jose Luis Rodriguez Zarco. 'We are not on the verge of a collapse, but each time [a tower is stolen] we are going to compromise more quality," said the executive, adding that "by charging 3 to 4 dollars a month we could start to recover the systems." Some 536 of the company's towers have been dismantled and stolen to be sold this year, while there have been at least 2,000 attacks on Venezuela's

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Categories: Mobile & Wireless
Companies: Movistar Venezuela / Telefonica
Countries: Venezuela
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