Business Services Industry
Argentina: 3Com funds small companies.
South American Business Information, May, 2000
3Com has earmarked US$10mil to fund small companies willing to lease its communications equipment in Argentina. In June it will launch a proposal for proposals above US$25,000 payable within 36 months valid in Argentina, Chile, Uruguay, and Paraguay. The move is part of a strategy to reorganize its business and focus into fast growing segments such as large band access equipment (cable modem, xDSL), and IP among others. Plans are to a 35% annual growth in Latin America.
Copyright (c) 2000, SABI, all rights reserved.
Source: El Cronista Page: 18 Date: May 11, 2000 Country: Argentina Product: Telecommunications Equipment Company: 3Com Event: Corporate Funding SABI (South American Business Information)
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