Day: Jan 22, 2020

ENTEL PROJECTS JOIN PACIFIC OPTICAL FIBRE IN 60 DAYS

The general manager of the National Telecommunications Company (Entel), Elio Montes, reported that in 60 days Bolivia would splice its connection to the Pacific fibre optics by the border town of Desaguadero, which will allow to reduce tariffs and increase the speed internet service offered by the state firm. Bolivia currently has one of the lowest-speed and most expensive internet services in the region.

50% of cell phones in Bolivia are cloned

The president of the Bolivian’s Single Federation of Microelectronics Technicians, Donato López, reported on Tuesday that 50% of cell phones are “cloned” in the country and that organization works on technical methods to disable stolen mobile equipment. We estimate there are twenty million cell phones. To determine how many official and cloned phones exist in Bolivia, telephone companies in coordination with the police require a “blackout”.

Bolivia’s GDP grows 2.86 per cent in the third quarter of 2019

Bolivia’s Gross Domestic Product (GDP) grew by 2.86 per cent year-on-year in the third quarter of 2019, the lowest rate in recent years. Uncertainty in international markets, political, economic and social crises adversely affected the activities of mining, crude oil, natural gas and its derivatives. Despite the adverse global environment, the Bolivian economy continues to show dynamism, registering The second highest growth rate in South America. Bolivia projected growth of 4.2% by 2020.

Lithium: Government seeks ‘friendly exit’ with German company ACI Systems

The Deputy Minister of Electricity and Alternative Energy, Humberto Leigue, said on Tuesday that a “friendly exit” will be sought to dissolve the partnership formed by the government of the Movement al Socialism (MAS) with the German company ACI Systems, to exploit the lithium of the Salar de Uyuni, in Potosí. It is to ask them that the deposits they made in the formation of the joint venture be recovered by Germany and Bolivia. The joint venture project had a directory in which Bolivia only by name had the majority; in fact, it had a veto from the minority companies that placed the resources.