The expansion of voice and data service consolidates movistar's leadership in the development of the most advanced mobile telephony solutions in the Chilean market.
Espoo, Finland - Telefónica Móviles Chile has signed an agreement with Nokia to expand its movistar branded GSM/GPRS mobile telephone network nationwide, continuing the operator's commitment to deliver the best and most advanced technology in the Chilean market. The expansion will increase the network coverage and will improve its capacity to transmit mobile data and voice to movistar customers.
"Nokia already has demonstrated the capacity to deliver and start up our EDGE/GSM and GPRS networks, fulfilling the most demanding norms," says Oliver A. Flögel, General Manager, movistar Chile. "This new contract will allow us to grow as we evolve toward more advanced mobile services, allowing us to deliver to our five million customers the latest products and value added services with the best coverage. Our daily efforts are oriented to satisfying the communications requirements of Chileans, making sure that mobile technology makes life easier."
"We are very pleased to further strengthen our strong business relationship with movistar in Chile, allowing them to offer to their customers the most advanced mobile services and technology," says Patricio Valenzuela, Account Director, Networks, Nokia.
Under the contract, Nokia will expand and update movistar's radio network nationwide, including Nokia base stations and base stations controllers, as well as an expansion of the operator's GPRS network. Nokia will also provide services that include planning, set up and network optimization.
With this agreement Nokia continues as the sole GPRS and GSM radio access network supplier to Telefónica Móviles Chile. In October 2003, Telefónica Móviles Chile launched Latin America's first commercial EDGE services with the Nokia EDGE solution.
About movistar
movistar is the trademark which unifies Telefónica Móviles' operations in the Chile, where it is the market leader, with more than 5 million customers and a vanguard position in the launch of the most innovative products and services. At the beginning of this year, Telefónica Móviles integrated the operations of Telefónica Móvil of Chile and Bellsouth Chile into one company, consolidating its local service with the launch of its new brand for the Hispanic market, movistar.
About Telefónica Móviles, S.A.
Telefónica Móviles is one of the world's largest mobile operators and the leading cellular company in the Spanish- and Portuguese-speaking markets. The company has operations in 15 countries across three continents and a customer base that totalled 86.4 million at June 30, 2005. At present, Telefónica Móviles' customer base totals more than 88 million.
During 2004, Telefónica Móviles obtained revenues of 11.828 billion euros, or 17.5% more than in 2003. EBITDA rose 5.3% in the year, to 4.701 billion euros, while net profit totalled 1.634 billion euros.
Telefónica Móviles is a founding member of the FreeMove alliance of European mobile operators. The company's shares trade on the Spanish stock exchanges and the New York Stock Exchange under the ticker symbol TEM.
For further information, see our website at www.telefonicamoviles.com
About Nokia
Nokia is a world leader in mobile communications, driving the growth and sustainability of the broader mobility industry. Nokia connects people to each other and the information that matters to them with easy-to-use and innovative products like mobile phones, devices and solutions for imaging, games, media and businesses. Nokia provides equipment, solutions and services for network operators and corporations. www.nokia.com.
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