Paraguay
News

Copaco planning to launch 4G LTE in 2 months

Bnamericas Published: Monday, April 25, 2016

Paraguayan state telco Copaco expects to launch 4G LTE mobile services in about two months, CEO Eduardo Neri González was reported as saying by local news website ABC.

Copaco's mobile unit Vox operates through the Hola brand and has offered 4G services since 2012 via modems supplied by Huawei and ZTE.

Now the company is holding a public tender for suppliers of 4G mobile devices

Paraguayan telecom regulator Conatelawarded Copaco a block of 10MHz in the 700MHz band in September last year in compensation for taking away the 10MHz of spectrum the company held in the 1700-2100 (AWS) band, which was auctioned to private telcos at the end of 2015.

Copaco would join Tigo, a unit of Millicom, and Personal, which already off 4G LTE services. Tigo launched 4G this month using AWS spectrum won last year. Personal is currently being investigated by authorities for launching 4G LTE in the 1900MHz band last December after shunning the auction for AWS spectrum.

In 2015 Copaco narrowed its net loss to 7bn guaraníes (US$1.26mn) from a 47bn- guaraní loss a year earlier, ABC said.

A 14.8bn-guaraní loss seen in its mobile unit Vox offset a profit of 8bn guaraníes made by the rest of it telecom operations, it added.

Subscribe to the most trusted business intelligence platform in Latin America. Let us show you our solutions for Suppliers, Contractors, Operators, Government, Legal, Financial and Insurance.

Subscribe to Latin America’s most trusted business intelligence platform.

Other projects in: ICT

Get critical information about thousands of ICT projects in Latin America: what stages they're in, capex, related companies, contacts and more.

Other companies in: ICT

Get critical information about thousands of ICT companies in Latin America: their projects, contacts, shareholders, related news and more.

  • Company: GlobeNet Telecom
  • GlobeNet Cabos Submarinos S.A. (GlobeNet) owns and operates a subsea telecommunications cable network connecting North America and South America and spanning more than 23,500km....
  • Company: Wi-Net Telecom S.A.C.  (Win)
  • The description contained in this profile was taken directly from an official source and has not been edited or modified by BNamericas researchers, but may have been automatical...
  • Company: SAP SE  (SAP)
  • SAP SE is a software giant which provides business solutions for all types of industries and for every major market. The company's core business is selling licenses for software...
  • Company: CzechTrade
  • CzechTrade is a government agency of the Czech Republic, associated with the Ministry of Industry and Commerce, dedicated to promoting international trade between the country an...
  • Company: Baker & McKenzie Argentina
  • The local subsidiary of the law firm Baker & McKenzie has two offices in Buenos Aires. For the last 40 years, the firm has advised companies in Argentina in the areas of mergers...
  • Company: Alepo Technologies Inc.  (Alepo Technologies)
  • The description included in this profile was taken directly from an official source and has not been modified or edited by the BNamericas’ researchers. However, it may have been...