Conatel to invest USD100 million in infrastructure projects

11 Oct 2006

Venezuelan telecoms regulator Conatel plans to fund fixed line and internet infrastructure projects to the tune of USD100 million, reports BNamericas. The investment plan, scheduled to begin next year, includes a programme to boost the rollout of power line technology, which uses electricity cables to provide broadband internet access. Conatel also intends to make loans available to small ISPs and cable operators to enable them to expand their networks and transform themselves into triple-play telephony, internet and TV service providers.