Telefónica Peru backs OTT plans with 4G investment
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Juan Fernandez Gonzalez
| 30 August 2017

As it aims to increase mobile data demand while it extends its over-the-top (OTT) video offering, Telefónica Peru has announced a strong investment in its 4G network.

According to the company, a $110 million investment will be made before the end of the year in order to make the 700MHz band slots purchased in 2016 ready for use. Last year, the Spanish telco invested almost $70 million on adapting the slots.

“Through this move, we are supporting the service quality of our video streaming platform Movistar Play, and other services such as Movistar Futbol, Movistar Musica and VoLTE,” said Oswaldo Pérez, core planning manager, Telefónica Peru.

In fact, the announcement follows the strategy unveiled last July to unbundle video OTT services and offer them as a cornerstone for mobile and Internet convergent plans.

According to Telefónica Peru, the investment in the 4G network also aims to power business services like virtual networks, cloud computing and remote health platforms.