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Movistar, the Telefónica subsidiary in Venezuela, announced an ambitious investment of $500 million over the next two years, aimed at advancing the deployment of 5G technology and strengthening its 4G/LTE network in the country. This initiative is part of a comprehensive plan for technological upgrades and the expansion of next-generation networks, with the goal of enhancing connectivity and providing higher-quality services to users.
On Thursday, January 30, the company obtained a new block of spectrum in the 2,600 MHz band through an auction process, which will enable it to move forward with the implementation of 5G technology under the Dynamic Spectrum Sharing (DSS) scheme. This innovative system facilitates efficient coexistence between 4G and 5G networks, optimizing the use of available spectrum, as explained by Rowil Contreras, director of Wholesale Business and Public Affairs at Movistar.
The company’s president in Venezuela, José Luis Rodríguez Zarco, highlighted the importance of these investments to connect more people and improve user experience. “Over the next two years, we will be investing around $500 million as part of our technological upgrade plan, expansion of next-generation networks, and consolidation as a digital telco,” he stated.
Fast and Efficient 5G Deployment
The deployment of the 5G network will take place progressively, with the installation of 805 nodes across the country in the coming years. According to Esther Borges, director of Technology at Movistar, this strategy will allow for practically nationwide coverage with advanced technology in equipment, controllers, and cell antennas. “This translates to better coverage and more capacity in each cell,” she noted.
The DSS technology that Movistar is already using in the 2,600 MHz band provides higher speeds, a balance between coverage and capacity, and better propagation indoors, making it ideal for densely populated urban areas. Additionally, it ensures a more stable and consistent connection.
More than 6,000 Network Actions by 2025
The investment plan includes the execution of over 6,000 network actions this year, significantly strengthening the telecommunications infrastructure in Venezuela. Movistar emphasized the importance of this collaborative effort between the public and private sectors to advance the deployment of networks capable of supporting new connectivity demands.
The telecommunications sector, considered fundamental and cross-cutting for economic growth, remains a priority for Movistar. With this investment, the company aims to consolidate its position as a leader in the Venezuelan market, offering cutting-edge services and contributing to the country’s digital development.
This article is part of ongoing coverage of the advancement of telecommunications in Latin America, where 5G technology is emerging as a key driver for digital transformation.