Overview of Movilnet
Movilnet is a state-owned mobile operator in Venezuela, affiliated with CANTV (Compañía Anónima Nacional Teléfonos de Venezuela, National Telephone Company of Venezuela). Movilnet ranks third in the Venezuelan mobile market, with a market share of about 20.5% in 2025, lower than Movistar (41.7%) and Digitel (37.7%). From June 2024 to June 2025, Movilnet's share decreased from approximately 22.5% to 20.5%, losing about 2 percentage points. The Venezuelan mobile market has about 21.37 million connections (early 2024), covering approximately 73.4% of the population.
In the field of the Internet of Things (IoT), Movilnet leverages CANTV's fixed-mobile convergence capabilities to provide enterprises with M2M connectivity, dedicated APNs, and other IoT services. Its state-owned background gives it an advantage in government projects and critical infrastructure areas.
Basic Information about Movilnet
- Parent Company: CANTV (National Telephone Company of Venezuela)
- Type: State-owned
- Market Share: About 20.5% (2025, third in Venezuela)
- Share change: June 2024 22.5% decreased to June 2025 20.5%
- Market structure: Movistar 41.7%, Digitel 37.7%, Movilnet 20.5%
- Business scope: Mobile communications (CANTV fixed network and broadband collaboration)
- Network standards: 3G, 4G LTE
- Venezuelan market: approximately 21.37 million mobile connections
[[0]]Development history and characteristics
Movilnet is the mobile business division of CANTV, which is Venezuela's main state-owned telecommunications company, providing fixed-line phone, broadband, and mobile services. Movilnet competes with Movistar and Digitel in the Venezuelan mobile market. In recent years, Digitel has grown strongly, and Movilnet's share has declined. Its state-owned background gives Movilnet advantages in government projects, rural coverage, and social projects, but its market responsiveness and investment capability may not match private operators.
Core Technical Capabilities
State-owned backing
State-owned, and used on government projects
With CANTV
Combined with CANTV fixed and broadband networks
Enterprise networks
Private APN and M2M data plans
4G LTE
4G LTE coverage
Industry Solutions
Government and Public
- Government networks
- Smart city
- Public safety
Petroleum energy
- Oilfield equipment monitoring
- Pipeline monitoring
Financial Retail
- POS terminal connection
- ATM remote monitoring
Agriculture
- Farmland sensors
- Agricultural Product Cold Chain
Competitive Advantages and Considerations
- State ownership: Used on government projects and key infrastructure
- CANTV Collaboration: Fixed Network + Mobile + Broadband Integration
- National Coverage: Operating nationwide in Venezuela
- Market Share Decline: Market share lost in recent years, Digitel growing strongly
- Note: Venezuela's economic and political environment is complex, IoT deployment requires risk assessment