The investments will be used to acquire terminal equipment and expand the telco's networks, while introducing corporate services into new cities.
Faced with recession, strong regulation and skyrocketing inflation, the telecom industry in Venezuela has been unable to modernize as it continues to lose users.
Uber Argentina condemned the move as illegal and violating international human rights accords.
The Dominican telecoms regulator will share information and training with the local chamber of commerce to improve conflict resolution in the sector.
The card is aimed at MercadoLibre platform clients who do not have a bank account.
Caricel has invested around US$50mn to date in an LTE-only network within Kingston metropolitan area and has earmarked a further US$50mn for expansion over the next three years.