Business Services Industry
Argentina: Nortel to fund Impsat's optical fiber network.
South American Business Information, November, 1999
Nortel Networks signed an agreement with Impsat by which it will fund over the long term the US$149mil investments needed to set up an optical fibers network tapping the main cities in Brazil and Argentina, part of a project to cast a network throughout Latin America. Impsat is a leading company in the data communications market in Latin America, and wants to reinforce operations through a wholly owned - managed optical network facility based on technology IP/ATM, DWDM, and zero dispersion optical fiber. Currently it renders services to 1,500 corporations, government institutions, wholesalers, ISP, and other companies in the region. Impsat is owned by Pescarmona group with 59%, Morgan Stanley Dean Witter 21%, British Telecom 20%. Recently it received a...
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