Altice to invest USD 670 mln in Dominican Republic by 2022
Friday 2 February 2018 | 11:45 CET | News
Altice is planning to invest some DOP 33 billion (around USD 670 million) in the Dominican Republic from 2018 to 2022, reports local portal El Dia, citing Altice Dominicana CEO Martin Roos. The company will invest DOP 6.6 billion (USD 135 million) this year to boost networks and upgrade infrastructure via the installation of some 1,400 LTE antennas, said Roos, adding that the operator will also be looking to expand its recently-launched triple play offer.
Last year the company invested some DOP 6.4 billion (USD 130 million) in ramping up its infrastructure and another DOP 2.4 billion in smartphone subsidies. It also merged its Orange Dominicana and Tricom units after Dominican Republic watchdog Indotel finally approved the transaction.