Telecomm in El Salvador: $1.9 Billion in 2010

A study by Signals Telecom Consulting estimated that in 2015 Salvadoran telecommunications companies will sell more than $1.870 million.

Monday, May 3, 2010

“This is because companies have already started to create ‘combos’ with their services (landline, mobile, cable and Internet), in order to increase their revenues and retain more customers”, reported Laprensagrafica.com.

In Central America, El Salvador enjoys a privileged position in this industry, as there is intense competition. Most telecommunication companies begin their regional expansion processes in the country.

Following the privatization of state-owned telecomm company ANTEL in 1997, private operators have invested $2.5 billion in the country, and telecommunications now accounts for 7% of the country’s GDP.

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On May 16, Millicom reported that it closed the acquisition of Telefonía Celular de Nicaragua, S.A., the number one mobile operator in the country, in addition to TIGO Nicaragua's existing cable operation.

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