TeleGuam to invest USD10m in network in 2010

5 Mar 2010

Telecoms operator GTA TeleGuam has announced plans to spend about USD10 million on 2010 in its integrated communications network in Guam to better position itself for intensifying competition on the island. According to Enhanced Online News, the company will invest the funds in the expansion of its third-generation mobile infrastructure as well as in increasing coverage of its digital television service. ‘By continuing to make smart investments in our network, GTA TeleGuam will continue to lead the introduction of innovative and affordable communications products and services that customers expect today,’ Rolando S. Certeza, executive vice president of sales and marketing for GTA TeleGuam commented, adding, ‘Right now, we are the number-three cellular company and the number-two pay television provider in terms of customers, but our speed and nimbleness in serving our customers is fueling our competitive growth and success.’

In the five years since it was privatised in 2005, GTA TeleGuam has invested nearly USD75 million to help reposition itself from a government-run local telephone company to a competitive integrated communications provider. As well as pay-TV and wireless telephony, the operator offers fixed voice and DSL internet services, and is currently upgrading and modernising its copper and fibre cable networks. Based in Tamuning in Guam, GTA TeleGuam is a privately owned and locally managed company, with California-based private equity firm Shamrock Capital Advisors and infrastructure, finance and media company GE providing financial backing.