Investment of $100 million Announced in Telecommunications
Representatives from the telephone company Tigo in El Salvador, announced that in 2018 they will invest $100 million in the expansion and maintenance of their network.
Tuesday, January 23, 2018
The telephony company started operating its LTE network last year, and in 2018 it plans to maintain and expand its infrastructure.
Marcelo Alemán, CEO of Tigo El Salvador, told Laprensagrafica.com that the investment of " ... $100 million will be for infrastructure and maintenance works ..." of the network, and it will also be investing "... another $150 million in promoting its products and services ... "
He added that they have "... been working on expanding and improving our infrastructure.The priority for 2018 is to continue investing in the infrastructure ... through the development and evolution of our LTE network."
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After Telefónica was acquired by Millicom, the company plans to invest $1.25 billion in the next five years to expand the network and its services to companies in the country.
On May 16, Millicom reported that it closed the acquisition of Telefonía Celular de Nicaragua, S.A., the number one mobile operator in the country, in addition to TIGO Nicaragua's existing cable operation.
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