[wsj] There are about eight times more cell phones in Chile than residential land lines, according to the Telecommunications Secretariat.
The number of cell phones in Chile has sharply increased in recent years -- to the tune of 12.4% average annual growth over the last five years -- as rates dropped on fierce competition between the country's cell providers. But the number of fixed land lines has retreated 0.4% since 2005.
As of June this year, there were 17.6 million cell phones in the Andean nation and 2.18 million residential land lines, the Telecommunications Secretariat said.
Chile has an estimated population of 17.1 million inhabitants, according to the national statistics institute, INE.
The local unit of Spain's Telefonica Moviles SA (TEM), Movistar, is the country's largest cell provider, with Entel PCS, a unit of Entel (ENTEL.SN) coming in second. Claro, owned by Mexico's America Movil (AMX) is third, and Nextel holds a minority stake in the local wireless phone service market.
About 8 Times More Cell Phones In Chile Than Home Land Lines
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