Tag Archives: Telefonica del Peru

Telefonica Peru pays nearly $50 million in back taxes

Telecoms, , , ,

Telefonica del Peru has paid around USD 49.7 million in back taxes to the country’s Securities Market Superintendency, Peruvian news service Andina reports.

Back in 2011, the Peruvian tax authority Sunat said Telefonica owes the state at least USD 850 million in taxes and accumulated interest for the 2000/2001 period. The case is currently working its way through Peruvian courts. The dispute is expected to determine Movistar’s mobile concession renewal.

Telefonica and the Peruvian Ministry of Transport and Communications have been negotiating since August 2011 the operator’s mobile license renewal for the next 20 years. The operator’s mobile licence in Lima expired in 2011, while its license for operations in the rest of the country expires this year.

Osiptel cuts price cap for fixed-to-mobile calls by 58%

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Peruvian telecommunications regulator Osiptel has reduced the price cap for fixed-to-mobile calls by nearly 58 percent to PEN 0.30 per minute (VAT included).

The proposal applies to Telefonica as dominant operator on the Peruvian fixed telephony market. According to regulator data, Telefonica del Peru currently holds 73 percent of the domestic fixed-line market. The reduced tariff will be applied starting 30 December, for all calls made by Telefonica del Peru fixed-line voice subscribers to national mobile numbers. This tariff has not been regulated up to now and reached PEN 0.72 per minute.