0
General

Claro to invest USD 500 mln in Ecuador over next 3 years

Thursday 29 August 2019 | 15:36 CET | News
Claro (America Movil) intends to invest a total of USD 500 million to boost its mobile coverage and upgrade networks in Ecuador over the next three years, Reuters reports, citing America Movil CEO Daniel Hajj Aboumrad. The announcement was made following a meeting between Hajj and Ecuadorian president Lenin Moreno, with the chief executive confirming the company's interest in acquiring spectrum frequencies in forthcoming tenders.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: America Movil / Claro Ecuador
Countries: Ecuador
::: add a comment
This article is part of dossier

5G

,

LTE


Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Claro Ecuador revenues down 6% in Q1 on Covid-19 impact

Published 29 Apr 2020 12:00 CET | Ecuador
Claro Ecuador (America Movil) reported revenues of USD 307 million in the first quarter of 2020, down 5.9 percent year on year ...

America Movil 'in no hurry' to launch 5G in Latin America

Published 17 Oct 2019 11:21 CET | Latin America
America Movil has no plans to increase investment across its Latin American markets over the 2020-21 period due to 5G technology, ...

Claro Ecuador trialling 5G in Guayaquil

Published 16 Sep 2019 14:25 CET | Ecuador
Claro (America Movil) has conducted a range of 5G demonstrations at an event organised by the country's telecom ministry at ...

Ecuador to release 3.5GHz spectrum for 5G next year

Published 22 Jul 2019 12:26 CET | Ecuador
The Ecuadorian government has announced further details of its new "Digital Ecuador" strategy at an event in Quito, including ...

Claro Ecuador's Q2 revenues stagnate y-on-y, up 2.4% sequentially to USD 334 mln

Published 18 Jul 2019 07:43 CET | Ecuador
Claro Ecuador saw its Q2 revenues remain practically unchanged at USD 334 million from a year before but began to grow again ...

Claro Ecuador Q1 revenues up 3% on higher subs, handset sales

Published 30 Apr 2019 11:58 CET | Ecuador
Claro Ecuador reported revenues of USD 26 million in the first quarter, up 3.3 percent year on year but slightly down ...

Claro Ecuador revenues up 3% in Q4, adds 85,000 mobile clients

Published 13 Feb 2019 10:54 CET | Ecuador
Claro Ecuador reported revenues of USD 330 million in the fourth quarter, up 3.1 percent year on year in a result that ...