Movistar Venezuela, part of the Telefonica group, has announced that the country’s telecoms regulator, the Comision Nacional de Telecomunicaciones (Conatel) has awarded it an additional allocation of 20MHz of frequencies in the 1900MHz band (band 2).
Alongside the announcement of its new frequency award, Movistar Venezuela said that it has increased its 2012 infrastructure investment budget to VEF2.3 billion (USD535 million), mainly to expand capacity of its 3G+ network, by installing 230 new cell sites and upgrading 860 additional base stations nationwide by the end of this year, which will near-double its data network capacity. In the next three years Movistar expects to invest a total of VEF10 billion, including spending on LTE development.
//telegeography.com
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