FDI in Dominican telecom sector tops USD 5 billion

Wednesday 12 February 2014 | 23:03 CET | News
Foreign direct investment (FDI) in the telecommunications sector of the Dominican Republic reached over USD 5 billion in the last decade, according to data from the Dominican Institute of Telecommunications (Indotel). The highest investments were registered in 2010, with USD 500.2 million. For this year, investments of over USD 1.8 billion are expected, with Claro announcing plans to spend USD 207 million to improve infrastructure, install new Claro Video services, expand fibre optics to homes, the national backbone network and international network. Claro is also investing USD 800 million in

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Categories: Fixed / Mobile & Wireless
Companies: Altice Europe / Claro / Orange / Tricom
Countries: Dominican Republic
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