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General

America Movil commits to investing USD 1 bln in Dominican Republic

Wednesday 3 October 2018 | 11:54 CET | News
America Movil will invest over USD 1 billion in the Dominican Republic over the next 3 years with a view to developing 5G and internet of things (IoT) technology, reports Mundo Contact, citing the company's CEO Daniel Hajj. 'To sustain our growth and prepare ourselves for the challenges of technological evolution towards 5G, as well as the development of new applications in the era of hyper-connectivity and the internet of things, we will invest more than USD 1 billion in the country during the next 3 years," said Hajj following a meeting with Dominican president Danilo Medina.

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Categories: General
Companies: America Movil / Claro
Countries: Dominican Republic
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