0
Broadband

Padtec plans capital increase to finance expansion

Thursday 4 March 2021 | 12:56 CET | News
Brazilian optical network equipment manufacturer Padtec is preparing a capital increase worth at least BRL 120 million that will be discussed at the next shareholders meeting on 31 March, reports Telesintese.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Fixed
Companies: Padtec
Countries: Brazil
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Altarede invests in Padtec transponders for fibre network

Published 22 Feb 2021 08:54 CET | Brazil
Altarede Corporate has made a record investment in 200 Gbps and 800 Gbps transponders from Padtec for the construction of new ...

Padtec sees 22% revenue growth in 2020

Published 15 Feb 2021 13:39 CET | Brazil
Padtec Holding, the sole shareholder of optical transport system manufacturer Padtec, reported a 2020 gross operating revenue of ...

Padtec sees sequential growth of 8% in Q2 revenue, moves to net profit

Published 18 Aug 2020 11:22 CET | Brazil
Brazilian optical transport system manufacturer Padtec closed the second quarter of 2020 with gross operating revenue of BRL 67.6 ...