Business Services Industry
Brazil: Siemens eyes mobile communications market.
South American Business Information, February, 2000
The major Brazilian fixed telephone equipment producer Siemens may invest US$50mil in three years equipment and facilities to produce cellular telephones in its plant in Manaus, State of Amazonas. Until 2005, the new C Band shall generate a US$10bil turnover, and with the new products, Siemens shall have a turnover of R$2bil. Today, the cellular services respond for 40% of the telephony in Brazil. In 1990, Siemens group began to produce equipment to be used in GSM system, that is not used in Brazil. With the new C Band, the company can enter in theBrazilian mobile market, but is waiting the decision of Anatel, the Brazilian telecommunications agency, related to the frequency to beused. If Anatel chooses the 1.8 Megahertz frequency, Siemens will begin the investments,...
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