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IDB Invest Acquires Minority Stake in Atis Group to Support Telecom Infrastructure Development

PRIVATESep 04, 20264 days ago

Amount Raised

$10 Million

Round Type

Venture - Series Unknown

ArgentinaHardware

Description

IDB Invest has invested up to USD 10 million for a minority stake in Argentina's Atis Group. This financing will aid in constructing new telecom tower sites and enhance co-investment in shared infrastructure across Argentina, Paraguay, and Uruguay.

Company Information

Company

Atis Group

Location

Argentina

About

Atis Group is an Argentine telecommunications company focused on developing shared infrastructure solutions. With a commitment to improving connectivity across the region, they aim to enhance service delivery in Argentina, Paraguay, and Uruguay. Their initiatives include the construction of telecom tower sites.

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