Argentina: Telefónica expands network via state-owned infrastructure
Telefónica de Argentina sealed a deal with ARSAT, the state-owned telecom infrastructure firm, to lease 7,400km of Federal Fibre-Optic Network currently being deployed (Red Several de Fibra Optica). The operator will use the network to reach various underserved locations including communities in Santa Cruz, Chubut, Rio Negro, Mendoza, Neuquen, San Juan, Santiago del Estero, Chaco, Jujuy, Misiones and Buenos Aires.
Argentina: IFC considers investment in Telecom Personal
Argentinian carrier Telecom Personal requested a loan from the IFC to extend the footprint of its LTE network. The IFC could loan up to US$100mn to Telecom Argentina with further B lenders/parallel loans bringing the total up to US$400mn.