Brazil has Latin America's highest wireless prepaid rates, while Venezuela has the lowest.
BY CHRONICLE STAFF
Brazil has Latin America’s highest wireless phone rates, while Venezuela has the lowest, according to a Latin Business Chronicle analysis of data from the International Telecommunication Union’s (ITU) World Telecommunication Development Report database.
The prepaid tariff is based on the Organization for Economic Co-operation and Development’s low-user definition, which includes the cost of monthly mobile use for 25 outgoing calls per month spread over the same mobile network, other mobile networks, and mobile to fixed-line calls and during peak, off-peak, and weekend times as well as 30 text messages per month.
The rate is $37 in Brazil compared with $4.20 in Venezuela and $4.50 in Guatemala and Costa Rica.
The average rate for the 18 countries is $11.37. That’s less expensive than the United States ($15.3), the United Kingdom ($20.5) and Japan ($32.2), but more expensive than China ($3.6) and Germany ($10.1), according to the Latin Business Chronicle analysis.
Sources: International Telecommunication Union
(raw data for 2008- the latest year available),
Latin Business Chronicle (rank)
Venezuela, which already ranks as the worst country in Latin America for property rights, last week announced the confiscation of 200,000 hectares that belongs to UK-based Vestey Group. The government of President Hugo Chavez has taken over about 2.5 million hectares since he came to power in 1999, but according to some experts, only 50,000 hectares of land expropriated are actually productive, the Financial Times reports. On Sunday, he also announced the confiscation of a fertilizer that is owned by US-based Koch and Italy-based ENI.
BRAZIL LOVES INTERNET
Brazilians love to use the Internet, according to a global survey from custom research company TNS. Over half (51 percent) of Brazilians have written their own blog or forum entry, compared to only 32 percent in the United States. Meanwhile, Brazilians rank a close second to Malaysia worldwide when it comes to online friends (231 versus 233 in Malaysia), according to Digital Life, which TNS says is the largest ever global research project into people’s online activities and behavior.
DIAGO WINS AWARD
Alvaro Diago, the Chief Operating Officer for Latin America & Caribbean at UK-based Intercontinental Hotels Group received the Hotelier/Personality Award at the South American Hotel & Tourism Investment Conference (SAHIC) in Cartagena, Colombia at the end of last month. The award is given to an executive whose work excels in terms of experience, background and outstanding contribution to the development of the hospitality industry. The Colombian native started his career with IHG working in the front office at what was the Embajador InterContinental Santo Domingo in the Dominican Republic nearly 40 years ago. Prior to his appointment as COO, he served as area President for Latin America. The award to Diago was presented by Arturo Garcia Rosa, President SAHIC and Steve Rushmore, President and Founder, HVS Global Hospitality Services. “I am genuinely humbled to have received this recognition,” Diago said. “IHG has been an integral part of Latin America since the first InterContinental hotel opened in Brazil in 1946, and I look forward to continuing to support our efforts in the region.”
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