Investment Expected But Uncertainties AboundFebruary 2012 | Company News Alert
Digitel revealed in February 2012 that it is to invest US$150mn to expand the capacity of its 3G network. This is a positive sign for the Venezuelan market, which is suffering a dearth of investment as economic circumstances deteriorate. However, BMI believes Digitel faces tough challenges in 2012, with limits on imports likely to severely hamper the company's growth potential. However, rivals Telefónica and Movilnet face problems of their own. Here, we examine the outlook for the mobile market's two privately owned operators.
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