Antel, also known as Administración Nacional de Telecomunicaciones, is a state-owned telecommunications company headquartered in Uruguay. Founded in 1974, it operates with approximately 6,840 employees and reported $1.2B in revenue as of 2025. Functioning as a tier 1 media tech buyer, the company specializes in telecommunications, serving as Uruguay's dominant operator across cellular networks, fixed-line telephony, and broadband data services. Established by government decree, Antel operates under a public mandate to deliver high-availability national infrastructure. The corporation utilizes an extensive fiber-to-the-home (FTTH) network, nationwide 5G mobile arrays, and international submarine communications cables to provide data and digital services to millions of consumer, corporate, and governmental accounts across the country.
Uruguay is positioning its nearly entirely clean electricity grid as an ideal location for AI data centers, aiming to attract the industry's significant power demands. This strategic national focus coincides with state-owned operator Antel's announcement on July 28, 2026, of plans to invest over USD 750 million between 2025 and 2030. Antel President Alejandro Paz, speaking at the company's 52nd anniversary, stated that these funds will expand infrastructure, deploy AI capabilities, and strengthen digital services. Previously, on May 5, 2026, Pablo Siris, Uruguay's national director of Telecommunications and Audiovisual Communication Services, reported that the country invested US$1 billion in fiber optics, achieving 99.5% city connectivity with a target of full national coverage by 2028.
Antel offers 6 products in the media and telecoms services industry. Antel's product portfolio comprises of media and TV services, telecoms and consumer electronics.
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Antel's revenues were over $1B in 2025. Caretta Research has split Antel's revenue into 6 different product categories, the largest of which is mobile services. For full access to Antel's revenue breakdown subscribe to Caretta Portal.
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