How is the development of Venezuela s telecommunications industry

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How is the development of Venezuela s telecommunications industry

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Caracas Stock Exchange (BVC): What It Is, How It Works, and

By listing their shares on the Caracas Stock Exchange, these companies offer investors the opportunity to gain exposure to Venezuela''s telecom industry while potentially benefiting from

FAQs 6

When did telecommunications start in Venezuela?

In Venezuela the first law on telecommunications was approved in 1940. It identified the responsibility of the state in regard to telephone and other telecommunication systems, including radio and television services. Telephones – main lines in use: 7.332 million (2011) Telephones – mobile cellular: 28,782,000 (2011)

Does Venezuela still have a telecom market?

Nevertheless, it seems determined to remain in the market. This report provides an overview of Venezuela’s telecom infrastructure, market, and regulatory environment, together with profiles of the major fixed-line operators. It also provides a range of statistics and market analyses.

What is the fastest growing telecom sector in Venezuela?

See report summary here. The fastest growing telecom sector in Venezuela was pay TV after mobile broadband, and accounted for 15% of all telecom revenue in the country. The market leaders are DirecTV, Inter, SuperCable, NetUno, Movistar, and CANTV.

How many people use Internet in Venezuela?

Internet Users: 8.918 million (2009) Country code (Top level domain): VE Venezuela has many Internet service providers, although the market is dominated by the now state-owned CANTV.net which offers ADSL and Dialup services.

What internet service is available in Venezuela?

Country code (Top level domain): VE Venezuela has many Internet service providers, although the market is dominated by the now state-owned CANTV.net which offers ADSL and Dialup services. Broadband access Venezuela is provided through ADSL, Cable, Satellite, EDGE, Evolution-Data Optimized (EV-DO), Wi-Fi Hotspots and more recently WiMax.

Does Venezuela have a good DSL service?

There is no effective competition in the provision of DSL, and as a result the state-owned incumbent CANTV has had little incentive to improve services from its meagre revenue streams. Mobile penetration in Venezuela is also below the regional average.