Tigo Invested $210 Million in El Salvador

In the last 10 months, the telecommunications company has invested in improving its technological platform for Internet access.

Tuesday, July 21, 2009

For Tigo, subsidiary of Millicom, its biggest bet has been its fusion with Amnet, announced in May 2009. Globally, the company has invested $510 million, out of which $210 million were in El Salvador.

In Internet access, "Tigo foresees a considerable increase, surpassing what happened in the last years", published Elsalvador.com. "With these projections, Tigo expects growth of 20% in subscriptions. For 2010, year when the economy is expected to turn around, growth will be even bigger, said Tigo's Marketing Director, Danny Sala".

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