Movistar, Fitel sign contract for provision of telecoms services in Selva region

Tuesday, February 22, 2011

Peruvian mobile telephony operator Telefónica Móviles (Movistar) and local telecoms fund Fitel have signed a contract for the provision of telecoms services in some 200 localities in the Selva region, state news service Andina reported.

The operator won the concession last December. Telefónica Móviles' offer reached US$14.7mn for the project, which will be fully financed by Fitel. Under the agreement, Movistar will provide necessary infrastructure and also operate and maintain the network.

The project is slated to be fully completed in 12 months. Once it is concluded, some 127,000 people in Selva region will benefit from the deployment of telecommunications services.

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Movistar will provide fixed and public telephony as well as internet services in rural localities in Amazonas, Junín, Loreto, Madre de Dios, San Martín and Ucayali departments.