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Encyclopedia > CODETEL

CLARO - CODETEL is the largest telecommunications company in the Dominican Republic providing local, long-distance, and wireless voice services, together with advanced data services, to approximately a million customers.

Contents

Company Background

Previously known as CODETEL (Compañia Dominicana de Telefonos), the name change was announced February 2, 2004 at the National Theater of Santo Domingo in a ceremony to welcome the Verizon brand to the country. On January 31, 2007 the company owners, América Móvil, announce their decision to rename it with the previous CODETEL, for their telecom business and Claro for the mobile service. América Móvil (NYSE: AMX) owned 100% of the company, which is the leading local, long-distance and wireless telephone service provider in the Dominican Republic. On April 3, 2006 Verizon agreed to sell its stakes in Verizon Dominicana along with CANTV of Venezuela and Telecomunicaciones de Puerto Rico Inc. (TELPRI) in Puerto Rico to Carlos Slim Helú's Telmex and América Móvil for $3.7 billion.[1]. February 2 is the 33rd day of the year in the Gregorian Calendar. ... 2004 (MMIV) was a leap year starting on Thursday of the Gregorian calendar. ... This article or section should include material from Bell Atlantic This article or section should include material from GTE Verizon Communications (NYSE: VZ) is a local exchange telephone company formed by the merger of Bell Atlantic, a former Bell Operating Company, and GTE, which was the largest independant local exchange... January 31 is the 31st day of the year in the Gregorian calendar. ... 2007 (MMVII) is the current year, a common year starting on Monday of the Gregorian calendar and the Anno Domini (common) era. ... América Móvil AMX is a publicly traded wireless communications company that provides services to over 108 million wireless subscribers in Latin America as of December 31st 2006. ... Claro is a mobile phone network in Brazil, Peru, Chile, Honduras, El Salvador, Nicaragua, Guatemala and Dominican Republic,owned by América Móvil. ... América Móvil AMX is a publicly traded wireless communications company that provides services to over 108 million wireless subscribers in Latin America as of December 31st 2006. ... The New York Stock Exchange (NYSE), nicknamed the Big Board, is a New York City-based stock exchange publicly held and listed under the symbol NYX on its own exchange. ... April 3 is the 93rd day of the year (94th in leap years) in the Gregorian calendar, with 272 days remaining. ... For the Manfred Mann album, see 2006 (album). ... The Verizon Communications Corporation Dominican Republic is the largest telecommunications company in the Dominican Republic providing local, long-distance, and wireless voice services, together with advanced data services, to approximately a million customers. ... Compañía Anónima Nacional de Teléfonos de Venezuela (CANTV), is one of the first telephone service enterprises in Venezuela. ... Currently a holding of Verizon Communications. ... Carlos Slim Helú (born January 28, 1940 in Mexico City) is an Arab-Mexican businessman. ... This article or section does not adequately cite its references or sources. ... América Móvil AMX is a publicly traded wireless communications company that provides services to over 108 million wireless subscribers in Latin America as of December 31st 2006. ...


CODETEL History

CODETEL began telephone service in the Dominican Republic during the 1940s as a subsidiary of the US firm General Telephone and Electronics (GTE), and held a de facto monopoly until the mid 1990s. After the Dominican government passed Law 153 in 1998 providing for effective liberalization and improved pro-competition regulation, new entrants had eroded CODETEL's predominant position with the incumbent capturing only 50% of the international traffic to the United States (accounting for 70% of the total international traffic).[1] In 2000 Verizon was formed after a merger by Bell Atlantic and GTE, with CODETEL continuing operations as a subsidiary of the new company. During November 2003 CODETEL selected Nortel Networks (NYSE/TSX: NT) to provide voice over IP (Internet Protocol) network intended to converge voice and data traffic, help drive lower operating costs, and provide advanced services throughout the country.[2] During December of the same year CODETEL announced the commercial launch of its Flash Movil 3G network, a CDMA2000 1X voice and high-speed data network using equipment, software and services from Lucent Technologies. With this 3G network, Codetel offers subscribers new data services such as high-speed instant messaging, e-mail and Internet access at speeds of up to 144 kilobits per second (kbit/s). Also, the use of compression software in the network allows Codetel network users to reach speeds of up to 1 Megabit per second for data transmission.[3] General Telephone and Electronics (GTE) was the largest of the independent US telephone companies during the days of the Bell System. ... In general, liberalization refers to a relaxation of previous government restrictions, usually in areas of social or economic policy. ... Categories: Corporation stubs | Communications companies of the United States | Defunct companies | Telephone companies | Public Utilities ... To meet Wikipedias quality standards, this article or section may require cleanup. ... The Toronto Stock Exchange (TSX) is Canadas largest stock exchange, and the division of the TSX Group that holds senior equities. ... The Internet Protocol (IP) is a data-oriented protocol used for communicating data across a packet-switched internetwork. ... It has been suggested that Evolution to 3G be merged into this article or section. ... CDMA2000 is a family of third-generation (3G) mobile telecommunications standards that use CDMA, a multiple access scheme for digital radio, to send voice, data, and signalling data (such as a dialed telephone number) between mobile phones and cell sites. ... On September 30, 1996, AT&T spun off its Systems and Technology units (AT&T Technologies, Inc. ... A screenshot of PowWow, one of the first instant messengers with a graphical user interface Instant messaging or IM is a form of real-time communication between two or more people based on typed text. ... Wikipedia does not yet have an article with this exact name. ... A kilobit is a unit of information, abbreviated kbit, sometimes also kb. ... In computer science and information theory, data compression or source coding is the process of encoding information using fewer bits (or other information-bearing units) than an unencoded representation would use through use of specific encoding schemes. ... The Megabit is a unit of information storage, abbreviated Mbit or sometimes Mb. ...


Management

The Current President of CLARO CODETEL is Oscar Peña Chacón.


Notes

  1. ^ Institutions, Performance, and the Financing of Infrastructure Services in the Caribbean, World Bank Working Paper No. 58, 2005
  2. ^ CODETEL, Nortel Networks to Deploy Voice Over IP Network in Dominican Republic, Nortel Networks November 13, 2003
  3. ^ Codetel and Lucent launch 3G mobile network in Dominican Republic, www.3GNewsroom.com, December 4, 2003

External links

  • CLARO
  • CODETEL
  • América Móvil
  • Blog de Comentarios de CLARO-CODETEL


 
 

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