InsaneJournal

Mexico telecoms sector grows 33.9% in Q4

Mexico's telecommunications sector grew 33.9 percent in the fourth quarter of 2007, according to Cofetel. The country's telecoms regulator said the growth shown in production of the telecommunications sector, measured by GDP, was 8.9 times growth in the overall economy which grew 3.8 percent and was the largest annual growth in seven years. The pickup in mobile telephony traffic, the strength of the trunking sector and expansion in satellite provision drove growth, said Cofetel. The number of minutes of traffic on mobile networks climbed 58.2 percent compared to the same quarter in 2006. During the last quarter of 2007, 3.9 million new users were recorded, meaning by the end of last year Mexico counted 68.24 million mobile customers, giving the country a penetration rate of 64.2 lines per 100 residents. By contrast, fixed telephony fell 0.3 percent and paging fell 17.5 percent.

Source: 
www.telecompaper.com/news/article.aspx?id=205530