YOU ARE AT:AmericasLatAm: Viettel launches Bitel brand in Peru; America Movil posts Q3 results

LatAm: Viettel launches Bitel brand in Peru; America Movil posts Q3 results

Vietnamese-owned Viettel Group last week officially launched its Bitel-branded mobile service in Peru. The operator, the fourth entrant into the market, launched with a 3G network that it said covers 80% of the nation with mobile broadband service.

Viettel in early 2013 initially launched technical operations under contractual obligations with the government. In a statement, Viettel CEO Hoang Quoc Quyen said he hopes Bitel will contribute significantly to Peru’s booming data market.

Peru is Viettel’s first overseas market that has a considerably higher gross domestic product than Vietnam. Viettel’s international business posted nearly $8 billion in revenues last year, with Quyen noting that the Peruvian launch was a milestone for the company’s globalization plans. The company currently serves 68 million customers across 10 countries.

Backbone: Peru said it expects the construction and operation of a national fiber optic backbone will integrate 92% of the country’s provincial capitals, providing support for high-speed communications and greater reliability. The comments were made by Deputy Minister of Communications Raúl Pérez-Reyes Mirror, during his participation in the Plenipotentiary Conference of the International Telecommunication Union.

Peru has been working on integrating fiber optic networks at district levels to expand the provisioning of broadband into 21 regions. According to Mirror, Peru is expected to have 40,000 kilometers of optical fiber by 2017.

New quality rules: Peru telecom regulator Osiptel approved new rules designed to ensure quality of Internet and telecom services. The Regulations for the Quality of Telecommunication Services require operators to ensure their users have access to at least 40% of their contracted Internet speed.

America Movil results: Mexico-based telecom giant America Movil saw its third-quarter net income drop 39.3% compared to the previous year. The carrier ended the quarter with 286.8 million wireless connections. Wireless voice and data services accounted for 34.7% and 27%, respectively, of the company’s service revenues for the quarter. Total revenues grew 4% year-over-year, while earnings before interest, taxes, depreciation and amortization increased only .4%.

More Latin American news:

Wondering what’s going on in Latin America? Why don’t you follow me on Twitter? Also check out all of RCR Wireless News’ Latin American content.

ABOUT AUTHOR

Roberta Prescott
Roberta Prescott
Editor, Americasrprescott@rcrwireless.com Roberta Prescott is responsible for Latin America reporting news and analysis, interviewing key stakeholders. Roberta has worked as an IT and telecommunication journalist since March 2005, when she started as a reporter with InformationWeek Brasil magazine and its website IT Web. In July 2006, Prescott was promoted to be the editor-in-chief, and, beyond the magazine and website, was in charge for all ICT products, such as IT events and CIO awards. In mid-2010, she was promoted to the position of executive editor, with responsibility for all the editorial products and content of IT Mídia. Prescott has worked as a journalist since 1998 and has three journalism prizes. In 2009, she won, along with InformationWeek Brasil team, the press prize 11th Prêmio Imprensa Embratel. In 2008, she won the 7th Unisys Journalism Prize and in 2006 was the editor-in-chief when InformationWeek Brasil won the 20th media award Prêmio Veículos de Comunicação. She graduated in Journalism by the Pontifícia Universidade Católica de Campinas, has done specialization in journalism at the Universidad de Navarra (Spain, 2003) and Master in Journalism at IICS – Universidad de Navarra (Brazil, 2010) and MBA – Executive Education at the Getulio Vargas Foundation.