Telcoms announce RD$18.2 billion investments

The three leading telecommunications operators in the Dominican Republic have announced investments worth more than RD$18.2 billion for 2016. The Dominican Telecommunications Institute (Indotel) says that new companies could enter the sector, as well as the sale or merger of other companies.

The Altice Group, which operates both Orange and Tricom has just announced investments worth RD$6.2 billion for the expansion of the companies and the improvement of the quality of service and infrastructure. At the same time, Claro reported that it has more than RD$12 billion for 2016 investments. The government has also forecast a series of initiatives that will expand telecommunications into new areas, thus reducing the digital gap and improving the quality of service nationwide.

[February 2016]