Decrease in Telephone Revenues in Central AmericaMobile phones, the strongest sector for the regional economy, registered a decline in earnings in 2008.Thursday, March 5, 2009 El Periódico reported on its website: "While América Móvil added 1 million new customers in Central America in 2008, revenues from its subsidiaries in Guatemala, El Salvador, Honduras and Nicaragua fell by 3.4 % and its profits were reduced by 26.6%. Telefónica, the Spanish phone service provider, also reported a fall of 2.9% in the revenues of its subsidiaries in Guatemala, El Salvador, Nicaragua and Panama, with 318 million Euros (U.S. $413 million) in total revenues for 2008." Source: elperiodico.com.gt Competition in the Mobile Phone MarketFebruary 2018 Since rules came into effect on number portability, Costa Rica's state telephone company has lost 559 thousand lines, which have swelled the client lists of the two foreign competitors that operate in the mobile telephony market.
Telephone Companies Invest $500 million in NicaraguaAugust 2011 In the past five years, private telecommunication companies have invested $500 million in the country. América Móvil to Invest $150 Million in PanamaApril 2009 The company, through its Claro brand, announced investment in infrastructure, retail outlets and health care centers. Claro optimizes its network in GuatemalaAugust 2008 All features of a computer that is connected to the internet are now available to Claro cellular customers.
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