Category Archives: Uncategorized

Tigo Colombia rolls out LTE network

Colombian operator Tigo has announced the launch of its 4G LTE network in capital city, Bogota and Medellin, Barranquilla and Bucaramanga.Several more cities should be added this month, with the rest of the departmental capitals and medium-sized cities joining by mid-2014 according to El Tiempo.

Tigo will offer a package that includes 6 GB, unlimited SMS and unlimited access to Tigo Music, for 69,000 Colombian Pesos. A data plan with 15 GB costs 109,900 Colombian Pesos.

Claro is also on the point of announcing the start of a commercial LTE service, while the other holders of 4G licences (DirecTV, ETB and Avantel) should launch their operations in 2014. Currently some 20 mobile phones compatible with the 4G network are available on the local market.

Movistar Peru to launch LTE services in Lima

Movistar Peru has announced it will commercially launch its LTE services on 2 January 2014. The offer will initially be available in seven districts of the Lima region, namely Cercado de Lima, San Miguel, Surco, San Borja, Miraflores, San Isidro and La Molina. Movistar has also unveiled it 4G tariff plan offering, which includes packages with prices ranging between PEN 99.9 and PEN 319.9 per month.

Business in Latin America: A continental breadown

Originally published in TheEconomist.com

 

“ON MAY 23rd in the Colombian city of Cali the presidents of four Latin American countries—Chile, Colombia, Mexico and Peru—will sign an agreement removing tariffs on 90% of their merchandise trade. They will also agree on a timetable of no more than seven years for eliminating tariffs on the remaining 10%. They have already removed visa requirements for each other’s citizens and will proclaim their aspiration to move swiftly towards setting up a common market.”

Check out this visual representation of how countries are blocked together in Latin America regarding both their political, and more importantly, economic alliances:

 

Latin America Leads As the Most Socially-Engaged Global Region

Over 127 million Latin Americans ages 15 and older visited a social networking destination from a home or work computer in April 2012, with the average visitor spending 7.5 hours social networking during the month, according to comScore analysis. The report also provided analysis on emerging social network Pinterest.com, which saw its audience increase eightfold in the first four months of the year to reach 1.3 million Latin Americans in April.

“Not does nearly 100 percent of the Latin American Internet population visit social networking destinations each month, but they also spend a lot of time on the sites,” said Alejandro Fosk, comScore senior vice president of Latin America. “While social networking isn’t a new phenomenon, we are still seeing strong market growth, changing dynamics among the leading players, and the emergence of new social sites that make it an especially interesting market to watch right now.”

Facebook Accounts for 1 in Every 4 Minutes Spent Online in Latin America

In April 2012, Latin America’s social networking audience reached 127.3 million visitors, an increase of 12 percent from the previous year. Facebook held a strong leadership position in the market with 114.5 million visitors, an increase of 37 percent from the previous year. Twitter.com followed with 27.4 million visitors, while Orkut ranked third with 25.7 million visitors coming almost exclusively from Brazil. Tumblr.com was the fastest-growing destination of the top 10, doubling its audience in the past year to 7.2 million visitors.

Facebook was far and away the most engaging social network with an average visitor spending 7.7 hours on the site in April. It also ranked as the most engaging web property overall in the region, accounting for 1 of every 4 minutes spent online.

Pinterest Visitors Most Engaged in Puerto Rico and Argentina

Pinterest is among the most recent and fastest-growing entrants in the social media space. The site, which allows users to create and share photo pinboards based on different themes, has quickly amassed a global audience of nearly 30 million visitors. Pinterest’s Latin American audience reached 1.3 million visitors in April 2012, up from just 153,000 visitors at the beginning of the year.

A geographic analysis of the audience found that Brazil accounted for 27.8 percent of regional visitors to Pinterest.com, followed by Mexico (16.1 percent) and Argentina (10.2 percent). Puerto Rico was home to the most engaged pinners with visitors averaging 24.3 minutes on the site during April, followed by Argentina (15.3 minutes per visitor) and Mexico (12.1 minutes per visitor).

Women Account for the Majority of Activity on Pinterest

Further analysis of the Pinterest.com audience revealed that females accounted for the majority of visitors and an even greater share of content consumption, a gender skew that has been observed in markets across the globe as well. More than half of Latin American visitors to Pinterest were female (57.2 percent), with women accounting for 62.5 percent of all page views and 65.2 percent of time spent on the site. One in three visitors was between the ages of 25-34, while another 28 percent was age 15-24.

Mr. Fosk continued, “Even though Pinterest currently reaches just 1 percent of the regional audience, its impressive growth since the beginning of the year suggests it could quickly become a key player in Latin America’s vibrant social scene.”

Antel launches LTE network with Alcatel-Lucent

Uruguayan state-owned fixed and mobile operator Antel, in partnership with Alcatel-Lucent, has commercially launched its LTE mobile network. The network has been designed and built based on Alcatel-Lucent’s LTE platform. Antel’s subscribers can now access HD video, high-speed mobile data, videoconferencing, online gaming and other applications.

Antel’s LTE services will initially be available in Montevideo and Punta del Este, to be gradually expanded across the country. For this project Alcatel-Lucent provided LTE base stations (eNodeBs), the IP wireless Evolved Packet Core, as well as operations and maintenance services. Antel will also be leveraging Alcatel-Lucent’s IP portfolio of products for backhaul of the mobile traffic.

Chile launches trial of number portability system

Chile has launched the fixed number portability system. Chilean customers can currently port their fixed numbers in the Arica region. Arica has around 36,000 households with fixed telephony lines. The system will be made available to the Santiago area in March 2012, to be then gradually expanded across the country.

Additionally, Chile has rolled out a mobile number portability trial. The pilot will take about one month. The mobile number portability system is scheduled for commercial launch on 16 January 2012, Emol reports. Communications software and services provider Telcordia is managing Chile’s number portability system.

Telefonica increases bid for VIVO to 7.15 billion Euros

Telefonica has again increased its offer for Portugal Telecom’s stake in Brazilian operator Vivo Participações (VIVO), hours before Portugal Telecom shareholders are expected to vote on the deal.

Telefonica has now boosted its previous EUR 6.5 billion offer by 10 percent. The new consideration amounts to EUR 7.15 billion and is valid until 2 July. All the other terms and conditions of the previous offer launched on 1 June remain the same. The revamped offer will be submitted to Portugal Telecom shareholders at the general shareholders meeting on 30 June.

Telefonica had already increased its initial EUR 5.7 billion offer by 14 percent to 6.5 billion on 1 June to gain support from Portugal Telecom Shareholders. Portugal Telecoms board unanimously rejected Telefonica’s previous offers, claiming that the bids did not reflect the strategic value of the asset for Telefonica.

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See the Vivo Participações (VIVO) record in Latin Target.

What is Latin Target?  find out more at www.latintarget.com