QMC secures USD 45 mln IDB loan for LatAm wireless broadband push

Thursday 18 November 2021 | 11:14 CET | News
The investment arm of the Inter-American Development Bank (IDB) said it has provided a USD 45 million senior loan facility to fund the expansion of QMC Telecom's subsidiaries in Mexico, Colombia and Peru. The ten-year transaction is designed to improve the quality and efficiency of QMC's wireless broadband services in the three countries with a view to meeting surging local demand, said IDB Invest.

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.


Already registered?

Categories: Mobile & Wireless
Companies: QMC Telecom
Countries: Colombia / Mexico / Peru
::: add a comment
This article is part of dossier


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.


Telefonica and IDB launch LatAm corporate entrepreneurial platform

Published 09 Nov 2021 12:19 CET | Latin America
Telefonica said it has again teamed up with the Inter-American Development Bank (IDB) to continue promoting inclusive digital ...

Anatel and IDB team up on digital connectivity project in Brazil

Published 01 Nov 2021 11:09 CET | Brazil
Brazil's National Telecommunications Agency (Anatel) and the Inter-American Development Bank (IDB), through IDB Invest, launched ...

IDB grants Argentina USD 100 mln loan to boost connectivity

Published 18 Oct 2021 11:17 CET | Argentina
The Inter-American Development Bank (IDB) said it has approved a USD 100 million loan to help Argentina fund connectivity and ...

Brazil requires USD 20 billion to reach OECD average broadband penetration

Published 29 Sep 2021 15:00 CET | Brazil
Brazil will need to invest USD 20 billion to reach the average broadband penetration rate of OECD member countries, according to ...

Telefonica and CAF renew LatAm digitalisation deal

Published 15 Jul 2021 12:43 CET | Latin America
Telefonica said it has reaffirmed its strategic collaboration with CAF (the Development Bank of Latin America) to promote ...

QMC Telecom secures BRL 500 million in debt financing

Published 01 Jul 2021 15:14 CET | Brazil
Wireless infrastructure operator QMC Telecom has increased its credit facilities for new infrastructure investments in Brazil ...

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

Published 18 Jun 2021 12:21 CET | Ecuador
The Inter-American Development Bank (IDB), through IDB Invest, said it has agreed a USD 36.8 million loan with Phoenix Tower ...

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 ...

IDB to help map broadband demand in Brazil

Published 13 May 2021 16:53 CET | Brazil
Brazil's National Telecommunications Agency (Anatel) and the Inter-American Development Bank (IDB), through IDB Invest, have ...

Chile sets up 5G R&D hub in Valparaiso

Published 11 Jan 2021 11:30 CET | Chile
Chile's telecommunications regulator Subtel has announced the launch of a new 5G research and development hub in the central ...

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 ...

Calendar   /   Industry Events

25 Jan Ericsson Q4 2021
25 Jan Verizon Q4 2021
25 Jan Microsoft fiscal Q2
25 Jan F5 fiscal Q1
25 Jan Uniti Group Q4
25 Jan European 5G Conference
26 Jan AT&T Q4 2021
26 Jan Crown Castle Q4 2021
26 Jan Corning Q4 2021
26 Jan Intel Q4 2021
26 Jan Calix Q4 2021
27 Jan Juniper Networks Q4 2021
27 Jan STMicroelectronics Q4 2021
27 Jan Extreme Networks fiscal Q2
27 Jan MTN Nigeria Q4 2021
27 Jan Rogers Communications Q4 2021
27 Jan Elisa Q4 2021
27 Jan Comcast Q4 2021
27 Jan Samsung Electronics Q4 2021
27 Jan Apple fiscal Q1
27 Jan FCC meeting
28 Jan SK Hynix Q4
28 Jan Telia Lithuania Q4 2021
28 Jan Telia Company Q4 2021
28 Jan Charter Communications Q4
::: More Calendar Items