Entel Bolivia
Encyclopedia
Entel was founded on 22 December 1965 as Company
Mixed anonymous official state representation
Bolivia
Bolivia
Bolivia officially known as Plurinational State of Bolivia , is a landlocked country in central South America. It is the poorest country in South America...

, in order to "develop the
telecommunications in all its forms and shapes
the national territory ". In 1966 he became company
decentralized public under the tutelage of the Ministry of
Transport, Communications and Civil Aviation.

The Company maintained that legal status until June 1995 when
the "process of capitalization of public enterprises"
undertaken by the government then turned it into
mixed a corporation, for the purpose of incorporating
private capital to its stake.

On 27 November 1995, was awarded to TSI - STET
International Telecom Italia
Telecom Italia
Telecom Italia is the largest Italian telecommunications company, also active in the media and manufacturing industries. Now a private concern listed on the Borsa Italiana, it was founded in 1994 by the merger of several state-owned telecommunications companies, the most important of which was...

 50% of the shares of
ENTEL and management of the company. Additionally, the Act
Telecommunications (Law N ° 1632 of July 5
1995) agreed to ENTEL a monopoly for six years on
telephony services and national long distance
internationally. Telecom Italia, meanwhile, is
committed to an investment plan for a total of 610
billion, and meet the goals of
expansion and quality defined by law and by the
concession contract.

In 2005, when he was elected President of the Republic, Evo Morales Ayma announced, pursuant to the mandate given in
referendum by the Bolivian people, that will retrieve the
natural resources and nationalize industries
strategic country.

Ten years of capitalization and five in the
liberalization of telecommunications in Bolivia
ENTEL has a leadership position over its
competitors. Entel is currently investing and plans to have full coverage within a few years. This means that it will be reaching suburban areas and rural environment, making Bolivia a full coverage country.

On May 1, 2008, ENTEL was nationalized by Decree Supremo N ° 29,544. The Bolivian State is now the owner of
97% of the shares of the company.

In this new framework, the investment of state and
profitability will ensure access
telecommunications and the deployment of new services,
vectors of economic development and national sovereignty.
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