0
Wireless

IDB arranges USD 37 mln loan with PTI to boost Ecuador tower market

Friday 18 June 2021 | 12:21 CET | News
The Inter-American Development Bank (IDB), through IDB Invest, said it has agreed a USD 36.8 million loan with Phoenix Tower International (PTI) to promote the shared telecommunications infrastructure market in Ecuador. The deal includes USD 25 million in funding from Proparco, a Development Finance Institution partly owned by the French Development Agency and private shareholders, and USD 11.8 million from CIFI, a non-bank financial institution specialising in infrastructure and energy financing in Latin America and the Caribbean.

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: Mobile & Wireless
Companies: Phoenix Tower International
Countries: Ecuador
::: add a comment

Add comment

Please login or register to leave a 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

Ecuador approves connectivity-focused reform of Telecommunications Law

Published 22 Jul 2021 11:45 CET | Ecuador
Ecuador's president Guillermo Lasso has signed decree 126 to reform the country's Organic Telecommunications Law, in force since ...

Brazil agrees USD 1 billion investment for digital inclusion with IDB

Published 11 Jun 2021 12:39 CET | Brazil
Brazil's Minister of Communications, Fabio Faria, has secured more than USD 1 billion in resources for digital inclusion from the ...

Maino named Ecuador's telecommunications minister

Published 20 May 2021 14:18 CET | Ecuador
Ecuador's president-elect Guillermo Lasso has announced the appointment of Vianna Maino as the country's new minister of ...

Over 6 in 10 rural inhabitants in LatAm lack quality internet access - study

Published 03 Nov 2020 12:13 CET | Caribbean
At least 77 million rural inhabitants in Latin America and the Caribbean are still unable to access internet services that ...

Telecom Infra Project expands OpenRAN, DCSG trials, announces new RRU, router plans

Published 25 Feb 2020 17:46 CET | World
The Telecom Infra Project has announced new trials of its open network specifications as well progress among vendors and ...

Blackstone raises USD 1.4 bln to recapitalise Phoenix Tower

Published 06 Feb 2020 12:59 CET | World
Blackstone said it has successfully recapitalised Phoenix Tower International, raising USD 1.4 billion for the company's global ...

Telefonica sells 2,029 towers in Ecuador and Colombia to Phoenix Tower for EUR 290 million

Published 24 Dec 2019 08:58 CET | Colombia
Telefonica has continued its strategy of monetising infrastructure assets by selling 2,029 towers in Ecuador and Colombia to ...





Calendar   /   Industry Events

25 Jul Fiber Connect
26 Jul Orange Belgium Q2 2021
26 Jul Logitech fiscal Q1
26 Jul Calix Q2
26 Jul F5 fiscal Q3
27 Jul Alphabet Q2
27 Jul AudioCodes Q2 2021
27 Jul SK Hynix Q2
27 Jul A10 Networks Q2
27 Jul Corning Q2
27 Jul MediaTek Q2 2021
27 Jul NortonLifeLock fiscal Q1
27 Jul Microsoft fiscal Q4
27 Jul TIM Brasil Q2 2021
27 Jul KPN Q2 2021
27 Jul Juniper Networks Q2 2021
27 Jul Telefonica Brasil Q2 2021
27 Jul TIM Q2 2021
28 Jul Spotify Q2 2021
28 Jul Cirrus Logic Q1
28 Jul Telefonica Deutschland Q2 2021
28 Jul Ribbon Communications Q2 2021
28 Jul Facebook Q2
28 Jul Equinix Q2
28 Jul Extreme Networks fiscal Q4
28 Jul Altice USA Q2
28 Jul Qualcomm fiscal Q3
28 Jul Ooredoo Q2 2021
29 Jul Casa Systems Q2
29 Jul Citrix Systems Q2
::: More Calendar Items