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Guayaquil, Ecuador – October 8, 2025 

Telconet S.A., along with its affiliate Megadatos S.A. ("Grupo Telconet") proudly announces the closing of a USD 50 million 5-year term loan (the “Initial Tranche”) of an international syndicated loan facility (the “Facility”).  This transaction supports Grupo Telconet as it continues to invest in its long-term strategic vision including becoming a regional player with the deployment of the Carnival Submarine Networks (“CSN-1”) sub-sea cable project, as well as continued growth of its fiber-to-the-home and B2B businesses in Ecuador.