Convergencia Research, Consultoría especializada en Latinoamérica y Caribe
Tuesday, November 24, 2020

MinTIC to invest more than US$23 million in digital transformation of communication media

The total amount is US$23,362,641 and comes after the inclusion of a new article in the Budget and Income Law so that during 2021 the Fondo Único de las TIC (FUTIC) (Single ICT Fund) will finance the digital transformation strategy of national communication media, including press, radio and TV.

It was approved by Minister Karen Abudinen and the FUTIC will be in charge of distributing the money; said entity was created in 2019. According to the Ministry of ICT, during 2020 the highest investment in the history of TV Pública and the audiovisual industry, allocating a budget of US$80,120,115 to modernize infrastructure, strengthen content and train personnel.

Last news and analysis

Estados Unidos · Internet & OTT · Regulation

26/04/2024

FCC reinstates net neutrality

Globales · Data Center

26/04/2024

Analysys Mason: Telefónica leads in Edge Computing

Panamá · Mobile · Operators · Spectrum

26/04/2024

Panama begins 5G era with Más Móvil pilots and plan to allocate more spectrum

The Cable & Wireless operator brand carries out tests with commercial, tourism and port firms for a period of two to three months with spectrum provided free of charge by the regulator ASEP. A public consultation on future attributions will be held before July and it is expected that the 3.5 GHz band will be awarded by the end of the year.

Panamá · Mobile · Operators · Spectrum

26/04/2024

Panama begins 5G era with Más Móvil pilots and plan to allocate more spectrum

The Cable & Wireless operator brand carries out tests with commercial, tourism and port firms for a period of two to three months with spectrum provided free of charge by the regulator ASEP. A public consultation on future attributions will be held before July and it is expected that the 3.5 GHz band will be awarded by the end of the year.

Globales · Internet & OTT · Software and Applications

25/04/2024

Meta loses almost US$200 billion in market value in 24 hours due to forecasts of lower income and higher expenses

Marck Zuckerberg, CEO of big tech, asked Wall Street for "patience" so that it does not abandon its actions, although he reaffirmed that the firm will continue with its advanced technological initiatives that consume a lot of Capex, in a turnaround from the 2023 decision to limit those expenses.

Honduras · Operators

24/04/2024

Government promotes investments in Hondutel to enter triple play market

It provides more than US$40 million, together with the UNDP, to deploy fiber optics, whose laying will be available at the beginning of the second half of this year. It also bets on the corporate market.

Search news