Argentina unveils USD 5 billion plan to boost 4G

Wednesday 20 July 2016 | 15:17 CET | News
Argentinian President Mauricio Macri announced a plan to encourage take-up of 4G handsets via subsidies and payment in instalments. The Mobile Internet Acccess Programme will require telecoms operators and equipment makers to invest a total of USD 5 billion as part of a plan also encompassing new mobile antennas and fibre networks, he said. Macri said the 4G initiative, which will run until 30 October, sets a unit price of ARS 2,200 for handsets, which will be available with interest-free credit and is aimed at helping the country make lost ground following a decade of under-investment.

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Categories: Mobile & Wireless
Companies: Huawei China / Hyundai / LG / Microsoft / Samsung
Countries: Argentina
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