Wednesday, 22 September 2021

Millicom pledges $250m long-term investment in Panama

by Harry Baldock, Total Telecom
Thursday 15 July 21

In a meeting between Millicom CEO Mauricio Ramos and Panamanian President Laurentino Cortizo Cohen, Ramos announced major investment plans, as well as the creation of a Fintech Hub

Millicom is keen to demonstrate its commitment to advancing the digitalisation of Panama, announcing a plan to invest $250 million into their local business over the 2021–2022 period. The funds will be used to expand Millicom’s fixed and mobile networks, including to underserved areas such as Bocas del Toro, Darién, Coclé and Indigenous Comarcas, thus contributing to the government’s strategy of closing the digital divide. The news comes following a meeting between Millicom CEO Mauricio Ramos and Panamanian President Laurentino Cortizo Cohen yesterday…

Millicom is keen to demonstrate its commitment to advancing the digitalisation of Panama, announcing a plan to invest $250 million into their local business over the 2021–2022 period. The funds will be used to expand Millicom’s fixed and mobile networks, including to underserved areas such as Bocas del Toro, Darién, Coclé and Indigenous Comarcas, thus contributing to the government’s strategy of closing the digital divide. The news comes following a meeting between Millicom CEO Mauricio Ramos and Panamanian President Laurentino Cortizo Cohen yesterday…

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