UTS outlines three-year investment programme

18 Jan 2013

Online journal Dutch Caribbean Business reports that pan-Caribbean telco United Telecommunication Services (UTS), which is based on Curacao, is planning to invest heavily in new technology in the coming years, and has shared details of its three-year investment programme. Using an ANG100 million (USD54.9 million) loan from a consortium led by Maduro & Curiel’s Bank, which will be supplemented by ANG100 million in UTS funding, the company plans to:

• Work towards the landing of the 6,000km Pacific Caribbean Cable System (PCCS), a 100G submarine cable system linking Jacksonville, Florida to Manta, Ecuador;

• Initiate a significant increase in internet bandwidth for both corporate and private customers;

• Purchase a new building located in the sought-after Berg Arrarat district; and

• Improve/upgrade the existing infrastructure for fixed and mobile telecoms services.

Curaçao, UTS/Chippie Curacao