Telefónica (Movistar Venezuela) provides telecommunications services in Venezuela. The company offers fixed-line, mobile, national and long distance, and data transmission services. In 2010, Movistar completed the deployment of 385km of fiber optic cable connecting capital Caracas with the sity of Puerto La Cruz, expanding its national fiber optic network. In late 2014, the company was awarded 4G spectrum in bands AWS and 2.5GHz. Created in April 2005, Movistar is a subsidiary of Spain's Telefónica.