With a detailed strategy for each market where it operates, the Russian company Yota contemplates investing US$ 50 million to deploy mobile WiMax in Lima. This corresponds to the first year of operations. Yegor Ivanov, Yota group vice president, said to Convergencialatina that the deadline to complete the formation of a local company is in late January. "In February we will start to deploy the network, and in the second half of the year would launch the service.
Yota works in Peru under the brand Metsanco, and partnered with the local BWDC, which retains a 12% stake, while the Yota group has the remaining 88%.