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Movistar is a major mobile phone operator owned by Spanish group - TelefÃ³nica MÃ³viles. It operates in Spain and in many Latin American countries, with many of these networks being acquired from Bell South. Movistar is the biggest carrier in Spain with 22 million customers. It offers GSM 900/1800 MHz (2G), UMTS 2100 MHz (3G) and HSDPA (3.5G) services. Its principal competitor in Latin America is America Movil, whereas in Spain it competes with Orange and Yoigo. Movistar is present in the following countries: Argentina, Chile, Colombia, Ecuador, El Salvador, Guatemala, Mexico, Nicaragua, Panama, Peru, Spain, Uruguay and Venezuela. In addition to Movistar, Telefonica also owns O2.