Telef贸nica eyes the fast-growing mobile markets in Brazil and Chile with plans for LTE services

Telef贸nica eyes the fast-growing mobile markets in Brazil and Chile with plans for LTE services

Spanish giant telco聽Telef贸nica聽is planning to bid for LTE frequencies in Brazil and Chile during the second half of the year, BusinessWeek reported. As we reported, smartphone sales seem to be taking off in Latin America, boosting data use.

The announcement was made in Barcelona by the company鈥檚 CTO Enrique Blanco, who added that the operator will invest 鈥渁ll the money it needs鈥 to achieve its goal.

As a matter of fact, obtaining LTE frequencies in these two countries is of extreme strategic importance for the telco. As we reported, Latin America now聽accounts for almost half of Telef贸nica鈥檚 revenues.

The company is making this move to avoid missing out on the mobile data聽boom in Latin America 鈥 hence its willingness to bid for LTE frequencies not only in Brazil and Chile, but also across the region.

Speaking to BusinessWeek, Telef贸nica鈥檚 director for radio access networks聽Ian Miller聽predicted that within 18 months,聽the company will bid for LTE frequencies in other Latin American markets such as Argentina, Uruguay, Mexico or Peru. This shouldn鈥檛 come as a surprise, as it has already started to conduct a few LTE trials in the region.

While these frequencies may bring higher speeds and increased network capacity to Latin American customers, Ian Miller explained that challenges remain:

鈥淭hese markets are catching up, but the real challenge is the devices, whether they become cost effective enough to be massively available. How much we鈥檙e willing to invest and whether we team up or not with other operators will vary market to market.鈥

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