Transtelco, a binational provider of fiber optic services, has raised new debt capital from Deutsche Bank, the company said.
Transtelco will use the proceeds from the Deutsche Bank loan to refinance its existing indebtedness with the remainder to be used for capital expenditures and general corporate purposes.
Transtelco operates one of the most reliable networks in the Southern United States and in Mexico with more than 7,000 miles of fiber optic cable servicing its blue-chip enterprise and wholesale customer base.
Founded in 2001, Transtelco owns and operates a state of the art long-haul and metropolitan fiber network along the Southern US and Mexico. Transtelco provides unparalleled solutions that enables its clients to meet growth and profitability goals / targets. The combination of our Fiber Optic Network and cutting-edge technology delivers exceptional performance and significant return on investment opportunities for our customers.