AM to invest USD600m in Dominican operation

12 Oct 2016

Mexico-based telecoms group America Movil (AM) has said it plans to invest USD600 million in its operations in the Dominican Republic over the next three years. AM’s CEO Daniel Hajj is quoted by Listin Diario as saying the funds will go into the deployment of 4G LTE technology and fixed broadband networks. AM’s Claro Dominicana unit leads the local cellular market ahead of Altice subsidiary Orange Dominicana and third-placed Trilogy/Viva.

Dominican Republic, America Movil (AM), Claro Dominicana (Codetel)