Altice to invest over US$600mn in Dominican Republic
Netherlands-based telco Altice announced investments of 33bn pesos (US$677mn) through 2022 for its Dominican Republic operations.
The telco will invest 6.6bn pesos in infrastructure and network upgrades, which include adding 1,400 LTE 4G base stations to its fleet. The operator will also expand its triple-play service offer as a way to bridge the country's digital gap.
Martin Ross (pictured), CEO of Altice Dominicana, said the investments made in the next four years are aimed at positioning the Dominican Republic as a leading country in the Caribbean digital economy.
The investment plan refutes rumors that the group was considering selling its Dominican operation to reduce its debt.
Back in November Altice completed the merger of Dominican telcos Orange and Tricom.
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News in: ICT (Dominican Republic)
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