Telefonica Will Invest $ 15 Million in El Salvador
Next year the company will invest in modernizing its IT systems.
Wednesday, November 24, 2010
The requested budget for 2011 by Telefonica El Salvador to its parent company is $ 30 million. Hernán Ozon, director of Telefónica El Salvador, thinks it will be difficult to get the entire amount approved.
The Telefónica company will launch its 3.5G technology network in El Salvador in June.
The installation of some 200 new radio towers and an investment of "several dozens of millions of dollars" marks the start of Telefonica's expansion.
Telefónica introduced the Advanced Regional Service Network which offers businesses in the region greater savings in call costs.
President of Costa Rica, Oscar Arias Sanchez "welcomes" the Spanish company to invest in telecommunications.
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