QMC Telecom International secures $115M in credit facilities to support 5G network infrastructure investments

May 09, 2024•over 1 year ago

Amount Raised

$115 Million

San JuanWirelessHardwareInformation Technology

Investors

Société De Promotion Et De Participation Pour La Coopération économique S.A.Idb InvestDeutsche Bank's Us Private Credit And Infrastructure Team

Description

QMC Telecom International Holdings LLC successfully closed two credit facilities totaling $115 million, which will be used to support the company's 5G network infrastructure investments and its commitment to enable connectivity in the communities where it operates.

Company Information

Company

QMC Telecom International Holdings

Location

San Juan, Puerto Rico, United States

About

Founded in San Juan, Puerto Rico, in 2011, QMC is an independent multinational owner and operator of digital wireless infrastructure. The Company develops, owns, acquires, and manages rooftops, macro sites, indoor DAS, and Street Level Solutions in Brazil, Colombia, Mexico, Peru, and Chile. Internationally renowned investors back QMC in partnership with management, including Accel Partners, Housatonic Partners, Quadrant Capital Advisors, and TTCER Partners.

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