This Thursday, March 19, the president of the Venezuelan Chamber of Telecommunications Services Companies (Casetel), Juan Andrés Krumins, emphasized the need to review service rates, in conjunction with the authorities, given the increase in cost structures as a consequence of the exchange rate gap.

In an interview with the radio station Unión Radio, Krumins said: “We must be aware that if we want to have good service, we also have to pay and adjust to the reality of the country.”

He emphasized the obstacles the sector faced in 2025 due to “macroeconomic barriers, the freeze on tariffs, and the difficulty in accessing foreign currency.”

In this context, the president of Casetel highlighted that expectations for 2026 are very positive and added: “We have a sector with extraordinary growth potential, but to achieve this, we need to communicate, we need to sit down and work together, and build trust.”

Krumins announced that they will “soon meet with the new authorities of the National Telecommunications Commission of Venezuela (Conatel)” to discuss the necessary measures to provide quality service to consumers.

M.Pino

Source: eldiariodeguayana

(Reference image source: Jonas Leupe on Unsplash)

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The Venezuelan Confederation of Industries (Conindustria) recently indicated that the country’s growth this year could exceed 12 % despite certain obstacles that are slowing the economy’s momentum.

The organization referred to the “excessive” taxes, the exchange rate gap, and the lack of available foreign currency and financing as obstacles to growth. However, he highlighted that “Venezuela’s private manufacturing output increased by 5.4 % last year compared to 2024, and the industrial sector projects 12.7 % growth by 2026.”

Furthermore, production in the country increased by 6.8 % in the first quarter; 0.1 % in the second; 5.2 % in the third; and 9.5 % in the fourth quarter of last year.

Tito López, president of Conindustria, indicated that the figures obtained so far demonstrate that Venezuelan industry remains strong, “investing, producing, and generating employment.”

Regarding the investment needed to revitalize the country’s industry, López stated that $3.4 billion is required.

M.Pino

Source: notitarde

(Reference image source: Fatemeh Rezvani on Unsplash)

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La entrada Conindustria estimates growth exceeding 12 % in Venezuela apareció primero en Bitfinance.