Grupo ICE, the state-owned company of the Costa Rican telecommunications company Kolbi, expanded its FTTH reach and now reaches more than 233 thousand homes and businesses in 853 locations in the country. As reported by the service, the GPON network was deployed along 29,750 km and has an installed capacity close to 500 thousand connections.
Before the migration plan began, Grupo ICE clients received signals from the legacy copper networks. Now, the company confirmed that they have already managed to transfer more than 135 thousand users to their fiber infrastructure, while they continue to attract new customers.
On the other hand, the company confirmed that it will seek to issue a debt bond in international markets within the next few weeks. The banks HSBC and Bank of America Securities were hired as joint underwriters for the process, while the company says it is willing to extend its debt financing terms and reduce potential currency exposure.