It was issued last August to the operator Sion, for approximately US$10.5 million, to fund the deployment of FTTH in regions of Argentina and to complete the migration of Movistar customers.

In late August, the financial trust company Banco de Valores S.A. (Valo) structured and placed the first Telecommunications Infrastructure Financial Trust for the operator Sion, for a nominal value of 12 million UVAs, approximately US$10.5 million at the current financial exchange rate.

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List all analysis

First Telecommunications Infrastructure Financial Trust comes into play

It was issued last August to the operator Sion, for approximately US$10.5 million, to fund the deployment of FTTH in regions of Argentina and to complete the migration of Movistar customers.

MORE ANALYSIS

Liberty Networks aims to transform communications in Venezuela

Padtec expects to sign several submarine cable projects in the region this year

Convergencialatina spoke with Carlos Raimar Schoeninger, CEO of Padtec, following the launch of Padtec Marine Networks, a business unit established through the acquisition of LEV Brasil, a company specializing in submarine deployment services. The impact of geopolitics and supply chain bottlenecks.

Claro’s strategy to consolidate its leadership in Brazil’s broadband market

The acquisition of regional operator Desktop will allow the company to expand its presence in the state of São Paulo, the main stronghold of its competitor Telefónica, which has already withdrawn from most of the Latin American market.

América Móvil boosts Claro with cross-selling expansion following Wow acquisition

While Claro is focusing its fiber optic network rollout on Lima and El Callao, Wow is focusing on the provinces. This complementarity avoids overbuilding, improves ARPU and reduces churn. Wow had been facing financial difficulties, according to a securities research firm.

AI wave benefits Nokia and boosts its second-quarter results

The Finnish vendor generated sales of €4.815 billion, with a strong 9% year-on-year increase on a constant-currency basis. Operating profit rose 18% year on year to €434 million. However, net profit was negative due to severance payments related to layoffs.

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