Convergencia Research, Consultoría especializada en Latinoamérica y Caribe
Wednesday, January 25, 2023

Telefónica del Perú, company most fined by Osiptel and accumulating sanctions for US$77 million

Telefónica del Perú became the company most fined by the Supervisory Agency for Private Investment in Telecommunications, in the last five years, with accumulated sanctions in that period for US$40.5 million.

The fines against Telefónica declared firm by Osiptel, through its General Management, in the first instance, and those confirmed by its Board of Directors, in the second instance, represented 41.71% of the sanctions applied to all operating companies in the last five years, which totaled US$97.5 million.

The fines applied to Claro totaled US$18.6 million, to Entel, US$16.8 million, and to Bitel, US$14 million. These figures, added to the fines accumulated by other operators for US$7.3 million, together represented 58.29% of the total.

As for the year 2022, Osiptel imposed fines declared administratively final for a total of US$22.6 million to the companies that operate fixed and mobile telephony, pay television and Internet services.

Also in 2022, the accumulated amount of fines imposed on Telefónica del Perú was the highest compared to the rest of the operators, totaling US$11.1 million, followed by Entel, with US$4.2 million. Both companies concentrated 68% of the total firm fines. The remaining 32% corresponded to the amounts generated by the fines imposed on Claro, for US$3 million, Bitel, for US$2.3 million, and other companies, for US$1.8 million.

Last news and analysis

América Latina · Convergence

28/03/2024

Convergencialatina returns on Wednesday, April 3

Puerto Rico · Fixed Broadband

28/03/2024

Puerto Rico must deploy fiber optics in more than half of the island's homes

The data came from a Fiber Broadband Association webinar that revealed the island's situation in FTTH services. There is a plan for the footprint to reach one hundred percent of homes in 2027 financed by federal funds and privately executed.

Puerto Rico · Fixed Broadband

28/03/2024

Puerto Rico must deploy fiber optics in more than half of the island's homes

The data came from a Fiber Broadband Association webinar that revealed the island's situation in FTTH services. There is a plan for the footprint to reach one hundred percent of homes in 2027 financed by federal funds and privately executed.

Uruguay · Pay TV · Internet & OTT · Operators

27/03/2024

Through agreements with Claro and Movistar, cable operators expand their Internet offer

These are agreements of different types, which include leaving the last mile for the cable operator or contracts for available bandwidth. Antel could join with infrastructure leasing. Some cable operators are already building their own networks.

Paraguay · Operators

26/03/2024

Government analyzes partial privatization of Copaco

The state operator is going through a delicate moment. Its income does not cover operating expenses and it must fulfil a debt obligation of US$110 million. Furthermore, the lack of investments led to the obsolescence of its infrastructure. Oscar Stark, president of the firm, states that alternatives are being evaluated to obtain the necessary funds, including the possibility of adding private partners. And he believes that in 18 months "the situation will be resolved."

Search news