The Brazilian fixed telephony manufacturer (public and home segments) and telephony centers reached an agreement with Telefónica del Perú in November 2004 to enter the Andine region. The company hopes to close new businesses with the Spanish group to enter the Argentine market eventually. The 2005 Intelbras strategy will be to expand its Latin America operations as a result of the Brazilian fixed market¿s standstill. The company with headquarters in São José (Santa Catarina, at Brazil¿s south) will install distribution centers in Mexico, Peru, Argentina and Panama starting in March.