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Broadband

Arsat to receive ARS 200 mln from universal service fund

Wednesday 14 December 2016 | 11:34 CET | News
State-owned communications operator Arsat has announced that it will receive ARS 200 million (around USD 12.5 million) from the country's universal service fund to complete the second stage of its Federal Fibre Optic Network (Refefo) rollout. Arsat is hoping to connect a total of 1,300 localities to the fibre-optic network over the next two years, said the company's president Rodrigo de Loredo in a statement. The universal service fund comprises 1 percent of the revenues of all companies in the telecommunications sector in the last 15 years and Arsat is set to receive a total of ARS 1.33

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Categories: Fixed
Companies: Arsat
Countries: Argentina
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