Claro completes Olo WiMAX takeover

12 Aug 2016

Mexican-owned cellco Claro Peru has completed its acquisition of 100% of the shares in WiMAX provider Olo, El Comercio writes. Claro CEO Humberto Chavez was quoted as saying that the acquisition includes Olo’s more than 350 towers, and that: ‘The infrastructure will be used and will generate synergies that improve the experience in wireless internet services for our customers by offering more speed with greater coverage.’ The official added that the two companies will continue to operate independently, however.

Peru,Claro Peru, Olo Peru,

Subscribe



Feedback

Have feedback, corrections, or story ideas? Send them to editors@commsupdate.com.

Browse Past Issues

Filter

Filter CommsUpdate by the following categories or use the search.

Search

Visit our help page information on performing advanced searches, including how to restrict the results by country or company.

Advertise

CommsUpdate is an outstanding advertising venue for companies seeking to reach:

  • International carriers
  • Wholesale service providers
  • Equipment and software vendors
  • Telecom investors
  • Regulators

Learn more about advertising on CommsUpdate.

Share