Bolivian telephony cooperative Cotel offers fixed telephony, as well internet and pay-TV services. In this last segment, the cooperative has a monopoly. It recently launched triple-play services in capital La Paz. Cotel entered the pay-TV segment after acquiring local provider ITS in 2008. In La Paz, the company has some 40,000 cable TV subscribers. Cotel was founded in 1942 and is based in La Paz, Bolivia.