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PI Physik Instrumente - Fast Steering LB LW 11/24

Venezuela Opens Doors to Telecom Competition

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CARACAS, Venezuela, Nov. 29 -- In an effort to seek some extra revenue, Venezuela has opened its fixed-line telecommunications sector for competition. Venezuela's current $4 billion in revenue from its formerly monopolized telecom market could double within the next six years, said an analyst from Merrill Lynch. The country currently has 3.5 million fixed phone lines, but will exceed that number by nearly 1 million within three years after outside companies deploy public phones and offer integrated services that combine both cellular and land calls and television and Internet access....Read full article

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    Published: November 2000
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