Business, Technology

MTC: Broad band prices expected to fall as Peru sees jump in users

Broad band prices in Peru are expected to see a decrease in 2011 thanks to an increase in competition in the telecommunications sector, Transportation and Communications Minister Enrique Cornejo said.

“Even though we have worked to grow the market and the number of users in the last few years, individual rates are still high,” state news agency Andina reported Cornejo as saying.

The government is aiming to increase connections from 1 million in 2011 to 4 million by 2016, which will help lower costs, the report said.

The goal for 2016 is to reach 4 million broad band connections at the national level with velocity of 512 kilobits per second,” Cornejo said.

To help finance an increase in the connectivity, Cornejo proposed increasing resources for the ministry’s telecommunications investment fund Fitel.

“The Internet is one of activities for supporting a modern society and one of the conditions for a levels of competitiveness and development in the country, that allows for social inclusion of the population.”

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