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Wireless

Personal Argentina signs USD 100 mln IDB loan for 4G rollout

Wednesday 12 April 2017 | 09:44 CET | News
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Personal Argentina, the mobile unit of Telecom Argentina, has received a USD 100 million loan from the Inter-American Investment Corporation (IIC), a member of the Inter-American Development Bank (IDB) Group, to fund the continued expansion of the operator's 4G-LTE network across the country. The six-year financing package is part of Personal's plan to invest a total of ARS 40 billion by 2018 to expand its 4G network, increase transmission capacity and improve 3G and 2G services. The 4G network now covers 86 percent of the population in key cities, benefiting more than six million

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Categories: Mobile & Wireless
Companies: Telecom Argentina
Countries: Argentina
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