US based Trilogy International Partners has aired plans to invest further in its Haitian telco Voila and is reportedly also mulling a bid for Haitian operator Teleco.
Trilogy’s CEO Brad Horwitz has been reported by AP as saying that the firm could well…
US based Trilogy International Partners has aired plans to invest further in its Haitian telco Voila and is reportedly also mulling a bid for Haitian operator Teleco.
Trilogy’s CEO Brad Horwitz has been reported by AP as saying that the firm could well invest a multi million dollar amount in its Haitian mobile operator Voila, if the investment conditions are agreeable.
The investment firm is also reported to be planning a rival bid for the country’s public phone company Telecommunications d’Haiti (known as Teleco), for which the Haitian government was planning a privatisation process when the earthquake hit the country in mid January of this year.
Vietnamese telco Viettel had also expressed an interest in Teleco prior to the disaster. The earthquake badly damaged Teleco’s infrastructure and privatisation talks have not been top of the priority list since January, but it seems this may soon change, as the government is eager to raise funds for investment in the country.
The government is set to sell off a strategic stake in Teleco and although talks between the government and Viettel stalled, the Vietnamese firm has since spoken out about its continued desire to go ahead with the stake acquisition.
