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Tigo Paraguay to invest USD 617 mln over next five years

Thursday 7 July 2016 | 10:38 CET | News
Paraguay's leading telecommunications company Tigo has drawn up a business plan that envisages investments of USD 617 million over the next five years, reports BN Americas. The Inter-American Investment Corporation (IIC) may finance up to USD 70 million of the USD 165 million capex set aside for 2016, said the report, adding that Tigo will mainly use the funds to continue expanding its 3G network and set up a 4G LTE network in Asuncion, Ciudad del Este and San Lorenzo.

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Categories: General
Companies: Tigo Paraguay
Countries: Paraguay
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