Movistar is ready to start officially operating its LTE 4G network in Peru from 2 January 2014.
The Telefónica company is, along with Nextel, the only operator with real capacity for the new mobile networks, but the Government wants to bring more players into the market.
Movistar started testing the network in August and has now announced that it will invest over $250 million over the next five years in order to build a complete infrastructure for LTE. The first phase of the project, starting in January, will cover some districts in Lima, including Surco, San Borja and Miraflores.
The company has already started LTE commercialisation, offering plans and adapted devices in its shops. In July, Movistar acquired the necessary radioelectric spectrum, with a rental period of 20 years. The initial commitment is to bring 4G to 234 district capitals and towns.
Nextel has also announced that it will launch its LTE service in 2014, although no official dates have been published. The company, which has purchased the Chilean subsidiary of Entel, Americatel, bought radioelectric slots in the summer, and has also been testing its network.
But Pro Inversion, the public agency that promotes private investments in Peru and has led the 4G tender process, wants more players in the LTE market. "In the medium term more licences will be offered, probably next year," said Jesús Guillén, project manager at Pro Inversion, according to national newspaper El Comercio.