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Telecom Argentina receives further USD 300 mln for LTE and fibre rollout

Monday 10 June 2019 | 11:55 CET | News
Telecom Argentina has secured a USD 300 million financial package from the IDB Invest arm of the Inter-American Development Bank (IDB) to continue updating its telecommunications network throughout the country. In a statement, IDB Invest said the 7-year funding agreement will help expand and convert Telecom Argentina's fixed copper networks into fibre or hybrid fibre-coaxial networks with a view to enhancing the fixed broadband services of Fibertel and cable TV services of Cablevision. The loan will also be used to fund part of the company's strategic investment plan to deploy 4G and provide

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Categories: General
Companies: Cablevision / Fibertel / Telecom Argentina
Countries: Argentina
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