Latin American Fixed Voice Market

•    brief company history and shareholder structure;
•   financial performance;
•    subscriber evolution;
•      market position.

1. Argentina

1.1 Fixed network operators in Argentina

1.1.1 Overview of operators

1.1.2 Telefónica de Argentina

1.1.3 Telecom Argentina

1.1.4 Telmex Argentina

1.1.5 Comsat Argentina

1.1.6 IPLAN

1.1.7 Telecom Cooperatives

1.1.8 Global Crossing (previously Impsat)

2. Belize

2.1 Telecom network operators in Belize

2.1.1 Overview of operators

2.1.2 Belize Telemedia Limited (BTL)

3. Bolivia

3.1 Telecom network operators in Bolivia

3.1.1 Overview of operators

3.1.2 Entel

3.1.3 Cooperatives

4. Brazil

4.1 Fixed network operators in Brazil

4.1.1 Overview of fixed network market

4.1.2 Oi (Telemar)

4.1.3 Brasil Telecom

4.1.4 Telesp

4.1.5 Embratel

4.1.6 GVT

4.1.7 Intelig Telecom

4.1.8 CTBC Telecom

4.1.9 Sercomtel

5. Caribbean Countries

5.1 Major telecom operators in the Caribbean

5.1.1 Cable & Wireless

5.1.2 Digicel

5.2 Telecommunications market overview

5.2.1 Fixed line teledensity statistics

6. Chile

6.1 Fixed network operators in Chile

6.1.1 Overview of operators

6.1.2 Telefónica Chile

6.1.3 Entel Chile

6.1.4 VTR Globalcom

6.1.5 Telefónica del Sur (Telsur)

6.1.6 Telmex Chile

6.1.7 GTD Manquehue and the GTD Group

7. Colombia

7.1 Fixed network operators in Colombia

7.1.1 Overview of operators

7.1.2 Telefónica Telecom (previously Colombia Telecom)

7.1.3 ETB

7.1.4 UNE-EPM Telecomunicaciones

7.1.5 Telmex Colombia

7.1.6 Emcali

8. Costa Rica

8.1 Fixed network operator in Costa Rica

8.1.1 ICE

9. Cuba

9.1 Fixed network operator in Cuba

9.1.1 Empresa de Telecomunicaciones del Cuba SA (Etecsa)

10. Dominican Republic

10.1 fixed network operators in the Dominican Republic

10.1.1 Overview of operators

10.1.2 Codetel (formerly Verizon Dominicana)

10.1.3 Tricom

10.1.4 Dgtec

11. Ecuador

11.1 Fixed network operators in Ecuador

11.1.1 Overview of operators

11.1.2 Corporacion Nacional de Telecomunicaciones (CNT)

11.1.3 Etapa

11.1.4 Linkotel

12. El Salvador

12.1 Telecom network operators in El Salvador

12.1.1 Overview of operators

12.1.2 CTE Telecom (América Móvil)

12.1.3 Telefónica

13. Guatemala

13.1 Telecom network operators in Guatemala

13.1.1 Overview of operators

13.1.2 Telgua (América Móvil)

13.1.3 TEM Guatemala (Telefónica)

14. Guyana

14.1 Fixed network operator in Guyana

14.1.1 Guyana Telephone & Telegraph Company (GT&T)

15. Haiti

15.1 Major fixed network operator in Haiti

15.1.1 Telecommunications D’Haiti (Teleco)

16. Honduras

16.1 Telecom network operators in Honduras

16.1.1 Hondutel

16.1.2 Multifon

16.1.3 Tele+ (Comunitel)

17. Jamaica

17.1 Major fixed network operator in Jamaica

17.1.1 Overview

17.1.2 Cable & Wireless Jamaica (C&WJ) (LIME)

18. Mexico

18.1 Fixed network operators in Mexico

18.1.1 Overview of operators

18.1.2 Teléfonos de México (Telmex)

18.1.3 Alestra

18.1.4 Axtel

18.1.5 Maxcom

18.1.6 Marcatel

19. Nicaragua

19.1 Telecom network operators in Nicaragua

19.1.1 Enitel

19.1.2 Movistar (Telefónica)

20. Panama

20.1 Fixed network operators in Panama

20.1.1 Cable & Wireless Panamá

20.1.2 ClaroCOM (Galaxy Communications Corp)

20.1.3 Telecarrier

20.1.4 Advanced Communication Network

20.1.5 Optynex Telecom

21. Paraguay

21.1 Fixed network operator in Paraguay

21.1.1 Copaco

22. Peru

22.1 Fixed network operators in Peru

22.1.1 Overview of operators

22.1.2 Telefónica del Perú

22.1.3 Movistar Perú

22.1.4 Telmex Perú

22.1.5 Americatel Perú

22.1.6 Gilat To Home Perú (GTH)

22.1.7 IDT Perú

23. Puerto Rico

23.1 Fixed network operators in Puerto Rico

23.1.1 Overview of operators

23.1.2 Puerto Rico Telephone Company (PRTC/TELPRI)

23.1.3 Centennial de Puerto Rico (CPR)

23.1.4 Telefónica Larga Distancia de Puerto Rico (TLD)

24. Suriname

24.1 Fixed network operator in Suriname

24.1.1 Telesur

25. Uruguay

25.1 Fixed network operators in Uruguay

25.1.1 Overview of operators

25.1.2 Antel

26. Venezuela

26.1 Fixed network operators in Venezuela

26.1.1 Overview of operators

26.1.2 CANTV

26.1.3 Movistar (Telefónica)

26.1.4 Digitel

26.1.5 NetUno (previously Veninfotel)

27. Glossary of Abbreviations

Table 1 - Market share of fixed lines in service in Argentina - 2003 - 2007

Table 2 - Fixed lines in service and teledensity in Argentina - 1996 - 2008

Table 3 - TASA fixed lines in service - 2000 - 2008

Table 4 - Telecom Argentina fixed lines in service - 2000 - 2008

Table 5 - Fixed lines in service and teledensity in Belize - 1998 - 2008

Table 6 - BTL fixed lines, annual change and payphones - 2003 - 2008

Table 7 - Fixed lines in service and teledensity in Bolivia - 1996 - 2008

Table 8 - Entel ADSL subscribers - 2003 - 2007

Table 9 - Entel fixed lines in service - 2000 - 2007

Table 10 - Operators’ market share of fixed lines in service in Brazil - 2000 - 2008

Table 11 - Fixed lines in service and teledensity in Brazil - 1998 - 2008

Table 12 - Oi fixed lines in service, annual change and digitisation rate - 1998 - 2008

Table 13 - Brasil Telecom fixed lines in service and digitisation rate - 1998 - 2008

Table 14 - Telesp fixed lines in service and digitisation rate - 1999 - 2008

Table 15 - Net connected voice clients and annual change - 2006 - 2008

Table 16 - GVT fixed lines in service and annual change - 2003 - 2008

Table 17 - GVT connected VoIP subscribers and annual change - 2005 - 2008

Table 18 - Fixed lines in service and teledensity in Caribbean countries - 2007

Table 19 - Fixed lines in service and teledensity in Chile - 2000 - 2008

Table 20 - Major operators - market share of fixed lines in service in Chile - 2001 - 2008

Table 21 - Entel & Telefónica Chile, market share of ILD & DLD traffic - 2001 - 2008

Table 22 - Telefónica Chile lines in service and annual change - 1999 - 2008

Table 23 - Entel lines in service and annual change - 2001 - 2008

Table 24 - VTR telephony subscribers and annual change - 2000 - 2008

Table 25 - Telsur lines in service and annual change - 1999 - 2008

Table 26 - Major operators’ market share of fixed lines in service in Colombia - 2000 - 2008

Table 27 - Fixed lines in service and teledensity in Colombia - 1996 - 2008

Table 28 - Market share of DLD traffic by operator in Colombia - 1999 - 2007

Table 29 - Market share of ILD outgoing traffic by operator in Colombia - 1999 - 2007

Table 30 - Telefónica Telecom lines in service and annual change - 2000 - 2008

Table 31 - ETB lines in service and annual change - 2000 - 2008

Table 32 - UNE-EPM lines in service and annual change - 2000 - 2008

Table 33 - Fixed lines in service and teledensity in Costa Rica - 1998 - 2008

Table 34 - Fixed lines in service and teledensity in Cuba - 1996 - 2008

Table 35 - Fixed lines in service and teledensity in Dominican Republic - 1997 - 2008

Table 36 - Operators’ market share of fixed lines in service in Ecuador - 2001 - 2009

Table 37 - Fixed lines in service and teledensity in Ecuador - 1996 - 2009

Table 38 - CNT (previously Andinatel and Pacifictel) lines in service - 2001 - 2009

Table 39 - Etapa lines in service and annual change - 2001 - 2009

Table 40 - Fixed lines in service and teledensity in El Salvador - 1996 - 2008

Table 41 - Telecom fixed lines in service and annual change - 2003 - 2008

Table 42 - Market share fixed lines in service by major operators in Guatemala - 2002 - 2008

Table 43 - Fixed lines in service and teledensity in Guatemala - 1996 - 2008

Table 44 - Fixed lines in service and teledensity in Guyana - 1997 - 2008

Table 45 - Fixed lines in service and teledensity in Haiti - 1998 - 2007

Table 46 - Market share of fixed lines in service in Honduras - 2003 - 2007

Table 47 - Number of operators: fixed, mobile, data, ISP and CATV markets in Honduras - 2004 - 2007

Table 48 - Fixed lines in service and teledensity in Honduras - 1997 - 2008

Table 49 - Hondutel fixed lines in service - 1997 - 2007

Table 50 - Fixed lines in service and teledensity in Jamaica - 1996 - 2008

Table 51 - Fixed lines in service and teledensity in Mexico - 1996 - 2008

Table 52 - Telmex lines in service and annual change - 1997 - 2008

Table 53 - Alestra lines in service by sector and annual change - 1999 - 2007

Table 54 - Axtel lines in service and annual change - 2002 - 2007

Table 55 - Maxcom lines in service and annual change - 2001 - 2008

Table 56 - Fixed lines in service and teledensity in Nicaragua - 1996 - 2007

Table 57 - Number of telecom concessions in Panama - March 2009

Table 58 - Fixed lines in service and teledensity in Panama - 1998 - 2008

Table 59 - Fixed lines in service and teledensity in Paraguay - 2000 - 2008

Table 60 - Share of fixed lines in service (top 4 operators) in Peru- 2001 - 2008

Table 61 - Share of domestic long-distance traffic (top 4 operators) in Peru - 2000 - 2008

Table 62 - Share of international long-distance outgoing traffic (top 4

Table 72 - Fixed lines in service and teledensity in Venezuela - 1997 - 2008

Table 73 - Fixed line market share by operator in Venezuela - 2003 - 2007

Table 74 - Fixed-line prepaid/postpaid ratio in Venezuela - 2001 - 2008

Table 75 - CANTV fixed lines in service and market share - 2001 - 2008

Table 76 - Movistar WLL lines - 2004 - 2008

Exhibit 1 - Telefónica de Argentina at a glance

Exhibit 2 - Telecom Argentina at a glance

Exhibit 3 - Telmex Argentina - company history

Exhibit 4 - Belize Telecommunications Ltd - history prior to 2005

Exhibit 5 - Belize Telecommunications Ltd - ownership disputes

Exhibit 6 - Entel Bolivia at a glance

Exhibit 7 - Telemar Norte Leste at a glance

Exhibit 8 - Brasil Telecom at a glance

Exhibit 9 - Disputes between Brasil Telecom’s shareholders (historical)

Exhibit 10 - Telesp at a glance

Exhibit 11 - Embratel Participações at a glance

Exhibit 12 - Principal subsidiaries of Embratel Participações - September 2008

Exhibit 13 - Vésper (historical)

Exhibit 14 - Digicel’s Caribbean operations - 2008

Exhibit 15 - Regions and primary zones in Chile

Exhibit 16 - Local telephony operators - number of zones of operation in Chile - 2008

Exhibit 17 - Telefónica Chile at a glance

Exhibit 18 - Telefónica Chile - company history

Exhibit 19 - Entel Chile at a glance

Exhibit 20 - Entel - company history

Exhibit 21 - VTR Globalcom at a glance

Exhibit 22 - VTR - company history

Exhibit 23 - Telsur at a glance

Exhibit 24 - Telsur - company history

Exhibit 25 - Telmex Chile - company history

Exhibit 26 - GTD Manquehue - company history

Exhibit 27 - Long distance access codes - incumbents and new carriers in Colombia - June 2008

Exhibit 28 - Telefónica Telecom at a glance

Exhibit 29 - Colombia Telecom - company history

Exhibit 30 - Colombia Telecom - privatisation

Exhibit 31 - Barranquilla Telecomunicaciones (liquidated)

Exhibit 32 - ETB at a glance

Exhibit 33 - UNE-EPM Telecomunicaciones at a glance

Exhibit 34 - UNE-EPM telecom subsidiaries

Exhibit 35 - Orbitel - history

Exhibit 36 - Telmex Colombia at a glance

Exhibit 37 - Telmex Colombia acquisition of AT&T

Exhibit 38 - Andinatel - history

Exhibit 39 - Pacifictel - history

Exhibit 40 - Americatel versus CTE

Exhibit 41 - Fixed-line local telephony licence holders in Mexico

Exhibit 42 - Fixed-wireless local telephony licence holders in Mexico

Exhibit 43 - Long-distance licence holders in Mexico

Exhibit 44 - Telmex at a glance

Exhibit 45 - Telefónica del Perú at a glance

Exhibit 46 - Telmex Perú - company history

Exhibit 47 - Licensed ILD operators in Uruguay - January 2009