The proposed transaction is a long-term, guaranteed financing of up to US$45 million local currency equivalents to support the capital investment in the shared telecommunications infrastructure by QMC Telecom International Holdings, LLC ("QMC") and the needs of working capital in Mexico, Colombia and Peru ("IDB Invest Financing"). QMC's subsidiaries in each jurisdiction will be the borrower or guarantor of the IDB Invest Financing.
QMC is a leading independent owner, developer and operator of wireless communications infrastructure assets in Latin America. QMC owns and operates more than 2,400 wireless infrastructure sites. QMC has operations in Brazil, Colombia, Mexico, Peru and the United States (including Puerto Rico), expanding its reach to other countries in the region. QMC supports the operation of mobile network operators to increase the capacity and coverage of mobile broadband, which is especially critical in the context of the COVID-19 pandemic, where broadband connectivity is playing a key role.
|Private Actor 1||Private Actor 1 Role||Private Actor 1 Sector||Relation||Private Actor 2||Private Actor 2 Role||Private Actor 2 Sector|
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For questions about the Project please contact to:
Name: Ricardo Zubieta
For questions and comments to IDB Invest, please contact:
Name: IDB Invest Communication Group
In addition, affected communities can access IDB Invest’s Independent Consultation and Investigation Mechanism (ICIM) as follows:
Telephone: +1 (202) 623-3952
Fax number: +1 (202) 312-4057
Address: 1300 New York Ave. NW Washington, DC. USA. 20577
E-mail: firstname.lastname@example.org or MICI@iadb.org