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Altice merges two Dominican subsidiaries and takes over the telephony market

The Franco-Dutch capital telecommunications company Altice officially entered the Dominican market, naming the local subsidiaries Orange and Tricom with that name. which assumes 48 percent of the country's radio spectrum.

Santo Domingo, Nov 21 (EFE) .- The Franco-Dutch capital telecommunications company Altice officially entered the Dominican market, naming the subsidiaries with that name local and Orange Tricom, which assumes 48 percent of the country's radio spectrum.

The firm described as a "milestone" in its history this movement, with which, he said, It shows the confidence and commitment it has with this nation, where it has made investments for an amount of 20,416 million pesos (about 425.3 million dollars).

In a statement Today, Altice revealed that it has more than five million customers in the Dominican Republic, equivalent to half of the country's population.

Mobile network, voice and data services cover the 32 Dominican provinces, and of which 700,000 homes and businesses receive the benefits of fiber optics.

Altice affirmed that the unification of these brands follow a global strategy started in May that consists of unifying its commercial strategy, with the integration of its portfolio of services and products under a single brand, where the Dominican Republic is the first subsidiary to lead the change.

Recently, the Dominican Telecommunications Institute gave its approval to the merger of the signatures Orange and Tricom, although it expropriated part of its radioelectric space to avoid the "economic concentration" of the market.

Altice's main rival and until recently the queen of the market, the Mexican Claro, keeps 38.5% of the spectrum and the local capital, Viva, would operate with 12.5% ​​of the Dominican radioelectric space.

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