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Ufinet to invest at least USD 150 mln in Ecuador fibre business

Monday 8 November 2021 | 14:18 CET | News
Spanish company Ufinet, currently Latin America's largest neutral fibre infrastructure operator, has announced plans to invest an initial USD 150 million in its Ecuadorian business over the coming years. Ufinet confirmed the commitment during the recent official visit to Spain of Ecuador president Guillermo Lasso, at which Ufinet also revealed additional investment plans amounting to around USD 100 million supported by its shareholders, Italian energy giant Enel and private equity firm Cinven.

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Categories: Fixed
Companies: Ufinet
Countries: Ecuador
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