El Salvador: Telefónica Invests $20 million in 3.5G network

The Telefónica company will launch its 3.5G technology network in El Salvador in June.

Tuesday, April 21, 2009

Hernán Ozon, Salvadoran director for Telefonica, said that despite the crisis, the company will invest $20 million to install technology that will allow users to download information from the Internet with a bandwidth of up to 6 Megs.

Elsalvador.com reported statements from the executive in an article in which he explained that those who acquire the 3.5G technology "will be able to connect to the Internet and download files at very high speeds. They can also make video calls, meaning that they can not only talk to the other person, but see him/her on the mobile phone screen."

Despite the crisis, the company had a 6% increase in profits in the first three months of 2009 when compared with the same period in 2008, and it plans to invest $30 million this year.

¿Busca soluciones de inteligencia comercial para su empresa?