BUENOS AIRES, Argentina-The Latin American data-transmission industry has been surprised at the unusual technological and financial display of Diginet Americas, which plans to offer fixed-wireless broadband communications in some of Latin America’s largest cities by year-end.
Only a year after its first commercial launch, a group of investors-the largest of which is Goldman Sachs-decided to invest US$145 million in the company. In addition, Diginet Americas recently signed financing agreements valued at US$400 million with Ericsson and Lucent Technologies for the construction of Diginet’s networks.
“Diginet’s success in the acquisition of licenses and in the unfolding of networks is a clear indication of its capabilities to stand out within the fixed-wireless broadband market,” said Bengt Forssberg, executive vice president of Ericsson Latin America.
Diginet, which was established in October 1996, began to offer its services during 1999 in Buenos Aires, Argentina; Bogot , Colombia; and S
