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General

Telecom Argentina to invest ARS 13 bln in 2017

Friday 12 May 2017 | 10:59 CET | News
Telecom Argentina announced plans to invest over ARS 13 billion in expanding and upgrading its 4G-LTE and fibre-optic networks in 2017 alone. In the first three months of the year the company has already invested some ARS 1.7 billion, equivalent to 11.4 percent of consolidated revenues, but will accelerate Capex to strengthen its 2G, 3G and HSDPA networks and further extend 4G coverage beyond the current footprint of 826 localities, double the number reached at the end of Q1 2016. Telecom Argentina recently reported revenues up 18.2 percent year on year to ARS 14.7 billion in the first three

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Categories: General
Companies: Telecom Argentina
Countries: Argentina
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