Telecom Argentina has committed to invest USD5 billion in the country between 2018 and 2020 as it seeks to expand its fixed and mobile networks. The telco’s board of directors has approved a three-year investment plan, which will be geared towards increasing the number of mobile base transceiver stations (BTS), extending its NGNs and preparing its infrastructure ahead of its push to offer multi-play services. According to Reuters, the telco intends to invest USD1.3 billion of the total this year.
The investment programme follows the 1 January 2018 closing of Telecom’s merger with domestic broadband rival Cablevision. The deal was spearheaded by Grupo Fintech – a mutual shareholder in both companies. The merger is designed to help facilitate Telecom’s long-awaited move into the pay-TV segment, following a regulatory change-of-heart from the National Entity for Communications (Ente Nacional de Comunicaciones, ENACOM), which has formally allowed the country’s fixed and mobile operators to enter the pay-TV market from this month.