Dec 24 2010
China Tel has announced that it will invest $62 million to sell internet protocol telephony services in Peru through its subsidiary, Perusat. The new fiber-optic network will be a WiMAX service. The company plans to reduce the cost of broadband services by developing a wireless network.
The project’s first phase will commence around August 2011. The network will span across the regions of Chimbote, Chiclayo and Trujillo. In the country’s southern region, the network will be deployed in Cusco, Arequipa and Ica.
China Tel’s VP of Strategic Planning, Ryan Alvarez stated that the company has utilized a mixture of wireless technologies and various types of networks in order to reduce the expenses. He added that although the company was concentrating on wireless broadband services, it has been receptive to joint ventures by utilizing other technologies.
In Peru, China Tel has procured 95% of Perusat, which currently has a group of 2.5 GHz licenses in the region. China Tel is also looking at acquisitions in the Caribbean, Eastern Europe and Argentina.