Telefónica will invest almost 490 million in 4G and 5G in Venezuela

Telefónica will invest 500 million dollars (almost 490 million euros) in the deployment of 5G technologies and to strengthen its 4G network in Venezuela after obtaining a new radio spectrum block in the 2,600 mega -prison band (MHz) in an auction process undertaken in the country.

The development of the Movistar 5G network will be under the Dynamic Spectrum Sharing (DSS) scheme in the 2,600 MHz band, where the company already had a spectrum. The president of Movistar in Venezuela, José Luis Rodríguez Zarco, has indicated that both 4G and 5G represent very important investments that translate into More people connected.

«This technology is innovative, will allow a progressive, fluid and efficient coexistence between 4G and 5G networks, optimizing the use of the available spectrum and offering an experience to the user With high quality standards«, Said the director of wholesale business and public issues of Movistar, Rowil Contreras.

As part of the 5G Development Project 805 nodes will be installed throughout the country In the coming years. “This will allow us to make a quick and efficient deployment to provide a 5G service with practically national coverage and an increasingly robust 4G network,” explained Movistar’s technology director Esther Borges.

«This technological solution provides better use experience with faster speedprovides a balance between coverage and capacity, enhances the propagation within buildings – which makes it ideal for urban and densely populated environments – and offers greater stability and consistency in the connection, ”emphasizes the company’s statement.