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Wireless

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.

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Categories: Mobile & Wireless
Companies: QMC Telecom
Countries: Colombia / Mexico / Peru
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