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Teléfonica Venezolana C.A.

Company Detail

Description

Telefónica (Movistar Venezuela), a subsidiary of Telefónica S.A., provides telecommunications services in Venezuela. The company offers fixed, mobile, national, and long distance telephony, mobile Internet, digital TV, and data transmission services; and has over 10 million mobile accesses, more than 5 million smart phones, 673 thousand landline connections, 280 thousand broadband accesses, and 478 thousand TVs. In 2015, the company's revenue reached US$1.6 billion and its 4G frequency concession was extended from 2025 to 2029. Telefónica Venezuela was created in 2005 and established in Caracas when the Spanish group Telefónica acquired Telcel BellSouth.

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