BUENOS AIRES, Argentina (AP) — Argentina’s government is going directly into the 3G telecom business, saying its people are tired of monopolies and deserve more competition when using smartphones and other devices to access the internet.
Planning Minister Julio de Vido announced Wednesday that the government is calling off its 3G spectrum auction and will go into the business itself through its state-owned satellite company. ARSAT is already building three new satellites to provide the service. De Vido says small companies will now be able to become internet providers by using the government’s 25 percent share of the 3G spectrum.
Argentina’s $14 billion mobile phone market is now controlled by America Movil’s Claro, Telecom Italia’s Personal and Telefonica’s Movistar.
De Vido said the move also should give consumers more choices as 4G devices roll out.