CubaMinrex. Sitio del Ministerio de Relaciones Exteriores de Cuba

Cuba Invests $150 Million in Cellular Phone Industry

CUBA, Apr 22, 2010. -  Cuba has invested some $150 million since 2003 to develop the island’s cellular phone industry and the Cuban Telecommunications Company (ETECSA) is predicting that the number of wireless subscribers on the island will exceed one million by the end of 2010.

“This year, ETECSA will make the necessary investments to end 2010 with one million subscribers,” ETECSA Vice President Maximo Lafuente told reporters during a press conference in Havana on Wednesday. He added that the projection for 2015 is that the number of wireless subscribers will climb to 2.4 million.

According to Prensa Latina news agency, Lafuente said that beginning June 1 cell phone users will enjoy significant cost savings on calls made between 11:00 p.m. and 6:59 a.m.

He pointed out that a new “caller pays” system will also go into effect on that date, although cell phone users will also have the option of a collect-call service.

Regarding the roaming services —the second most important income source in mobile technology—, Lafuente said that 30 new agreements will be signed this year, which will add up to more than 300 accords with telephone operators from 128 countries.

He also announced a price reduction for international calls ranging from 42 to 75 percent. (Cubaminrex - acn)

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