Samsung Electronics Co., Ltd. (005930) Technology Used To Power Telefónica Chile’s Commercial LTE
Samsung Electronics Co., Ltd. (KRX:005930) has developed advanced network solutions that is being used to deliver commercial LTE services to Latin America. Telefónica Chile (Movistar) recently announced the commercial availability of their LTE service throughout Chile. The partnership between Telefónica and Samsung was made in February 2013. This deal is expected to cover over 95% of the country’s LTE network including cities like Concepción and La Serena.
The two companies will make sure that 16 out of the 20 most populated cities are covered. Samsung Electronics Co., Ltd. (KRX:005930) also set up the Technical Support Center based in Santiago to offer quick support for Telefónica Chile’s LTE network and for future deployments in Latin America.
“We see the consumer revolution and the need for people to connect to the video is what is moving the Chilean market today. So we opted for 4G technology where video experience is far superior to what customers have seen before. We have a really important coverage in the country and are moving forward to offer most of the country a great 4G LTE service quality, hand in hand with our partnership with Samsung whom we have chosen as a partner due to its expertise and leadership in the world “, stated Roberto Muñoz, CEO of Telefonica in Chile.
Samsung has over 30 years of field experience in OFDMA technologies and is building global partnerships with mobile service providers around the world.