Tigo Aiming For 4G Rollout in All Department Capitals This Year
Tigo is aiming to deploy 4G LTE mobile broadband services in the capitals of all nine of the country’s departments within a year. The operator expects to expand such services to all municipal capitals after the initial deployment of the technology.
Having previously said that it expects total investments to reach USD130 million in 2013, a portion of this expenditure is to be directed toward the cellco’s 4G rollout, while Tigo CEO Pablo Guardia was cited as saying that the expected CAPEX for 2013 is three times greater than the operator’s annual profit. A portion of the funds set aside will also reportedly be used to acquire additional spectrum to enable the provision of 4G services.
Tigo has said it plans to construct 430 new mobile base stations across the country by the end of 2013, which its focus being on expanding its reach to rural areas of the country.