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Nuevatel PCS de Bolivia S.A.

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Nuevatel PCS de Bolivia S.A.
Sociedad Anónima
ISIN🆔
IndustryTelecommunications
Founded 📆November 11, 1999 (1999-11-11)
Founder 👔COMTECO
Headquarters 🏙️, ,
Bolivia
Number of locations
More than 1000 points
Area served 🗺️
Bolivia
Key people
Tomás Pérez-Ducy
General Manager
Products 📟 mobile telephony, mobile internet, Mobile Wallet
Owner Trilogy Internacional Partners (71,5%)
COMTECO (28,5%)
Members
Number of employees
SubsidiariesFundación VIVA
🌐 Websitewww.viva.com.bo
📇 Address
📞 telephone

The Telecommunications Company Nuevatel PCS de Bolivia S.A., better known as VIVA, is a telecommunications operator of Bolivia. It was founded in 1999. It is currently among the largest companies in the country. Its specialty is in cell phone coverage in Bolivia.[1]

History

Nuevatel PCS was founded in 1999 from the investments of Western Wireless with 72% and COMTECO with 28% and began operations a year later.

On January 9, 2005, Western Wireless entered into a merger agreement with Little Rock, Arkansas-based telecommunications provider Alltel in which Alltel agreed to pay $ 6 billion in stock - and - cash to Western Wireless shareholders. Western Wireless shareholders voted on July 29, 2005, eleven years after Western Wireless' incorporation, to accept a $ 4.4 billion stock and cash offer from Alltel. The merger was closed on August 1, 2005. With this, a company attached to Viva, through Trilogy International Partners.

Nuevatel is the third largest mobile phone provider in Bolivia, with a 24% market share as of 2017. Trilogy has a 72% stake in the company, the remaining 28% belongs to the local cooperative COMTECO telephony.[2]

References

  1. ↑ AGETIC, ed. (2018). Estado TIC (PDF) (in español). Editorial del Estado Plurinacional de Bolivia. Search this book on
  2. ↑ https://asfi.gob.bo[dead link]
  • Lua error in Module:Official_website at line 90: attempt to index field 'wikibase' (a nil value).

Category:Telecommunications companies of Bolivia



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