Tag Archives: Paraguay

Paraguay State Owned Copaco Buys Hola Paraguay

Telecoms, , ,

Paraguay’s state-owned telecoms network operator, Copaco has announced that it has brought the local mobile network, Hola Paraguay, which trades as Vox for an undisclosed amount. The company said that it aims to boost the subscriber base to 500,000 customers by the end of this year, and 2 million customers within five years.

According to figures from the Mobile World analysts, the company had 432,000 subscribers at the end of March 2010. This represented a market share of 7.3%.

The company aims to help boost the subscriber base by providing free SIM cards to its 360,000 landline customers, and expects to be able to convert around 100,000 into paying subscribers. In addition, the goal is to reach 1 million landline subscribers between basic and fixed wireless for the five-year period beginning in 2008.

Although the government hasn’t confirmed the price paid, local media reports suggest that it was in the region of just US$3 million. Hola Paraguay was 70% owned by Japan’s KDDI Corp.

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Telecom Argentina Q1 Profits and Revenues Rise

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­Telecom Argentina has seen its first quarter profits rise by 17% to P$411 million (US$105 million), while revenues were up by 15% to P$3.25 billion (US$832 million). The mobile subscriber base rose by 12% to reach 16.8 million.

As of the end of March 2010, the company’s mobile subsidiary, Personal almost reached 15 million subscribers in Argentina (+13% or 1.8 million vs. 1Q09). It is worth noting that 473 thousand subscribers were incorporated during 1Q10. Approximately 30% of the overall subscriber base is postpaid (including “Cuentas claras” plans and 3G modems) and 70% is prepaid.

Service revenues (excluding handset sales) reached P$1,875 million (+18% vs. 1Q09) with 34% corresponding to VAS revenues. Also noteworthy is SMS traffic performance, which climbed from a monthly average of 2,047 million messages in 1Q09 to 4,258 million in 1Q10 (+108% vs. 1Q09). Average Monthly Revenue per User (ARPU) increased to approximately P$41 during 1Q10.

The Paraguayan subsidiary, Nucleo’s subscriber base maintained nearly 1.8 million clients (including Internet clients). Prepaid and Postpaid customers represented 88% and 12%, respectively.

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