Summary of Investment Information
Project Number
33334
Company Name
Internexa Participacoes S A
Date SPI Disclosed
Apr 26, 2013
Country
Brazil
Region
Latin America and the Caribbean
Projected Board Date
May 30, 2013
Environmental Category
C - No Impact
Status
Completed
Last Updated Date
Apr 29, 2022
Department
Regional Industry INF LAC & EUR
Industry
Telecommunications and Technology
Previous Events
Approved : Jun 25, 2013
Signed : Oct 4, 2013
Invested : Mar 19, 2014
Sector
Cable and Broadband
Project Description
As part of its ongoing regional expansion, Internexa S.A. ("ITX" or “the Sponsor”), a Colombian neutral carrier of carriers, has targeted Brazil as its main source of growth for the next five years. ITX’s strategy is to expand its operations in the country through strategic investments in fiber optic network, equipment and operational assets that will complement an already existing operation that includes 3,300kms of fiber optic cable connecting Rio de Janeiro, Belo Horizonte, Sao Paulo, Curitiba and Porto Alegre. The latter also serves as connection point to ITX’s approximately 22,000kms fiber optic network that provides fiber optic access to clients in Colombia, Ecuador, Peru, Chile, Argentina and Brazil.
ITX has envisioned a five year multiphase project that seeks to increase supply, redundancy and competition for telecoms transmission infrastructure while offering connectivity opportunities to the Sponsor’s clients in Brazil and other Latin American countries. ITX´s expansion brings additional connectivity and redundancy opportunities to smaller operators that do not have the capacity to build their own network.
Overall, the proposed project will help the Sponsor to ramp up operations by consolidating its position as backbone and metropolitan carrier. With the increased capacity and connectivity, ITX will be able to provide carrier services not only at Brazil level, but also to clients in the Southern Cone and Andean Region that are already using the Sponsor’s extensive fiber optic network.
ITX has envisioned a five year multiphase project that seeks to increase supply, redundancy and competition for telecoms transmission infrastructure while offering connectivity opportunities to the Sponsor’s clients in Brazil and other Latin American countries. ITX´s expansion brings additional connectivity and redundancy opportunities to smaller operators that do not have the capacity to build their own network.
Overall, the proposed project will help the Sponsor to ramp up operations by consolidating its position as backbone and metropolitan carrier. With the increased capacity and connectivity, ITX will be able to provide carrier services not only at Brazil level, but also to clients in the Southern Cone and Andean Region that are already using the Sponsor’s extensive fiber optic network.
Sponsor / Cost / Location
Development Impact
E&S Category Rationale / Risks and Mitigation
Related Environmental Document
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IFC Corporate Relations
2121 Pennsylvania Avenue, NW
Washington DC 20433
Telephone: 202-473-3800
Fax: 202-974-4384
E Mail: Webmaster
Local Access of Project Documentation
Internexa Participacoes S.A.
Rua Casa do Ator, 1155, 8° andar, Vila Olímpia.
São Paulo, Brasil.
Tel: (+55) 11 – 3138-7680
Attention: Mr. Manoel Carlos V. Coronado, Chief Executive Officer
Rua Casa do Ator, 1155, 8° andar, Vila Olímpia.
São Paulo, Brasil.
Tel: (+55) 11 – 3138-7680
Attention: Mr. Manoel Carlos V. Coronado, Chief Executive Officer