Team size: 40

What has been the number one challenge that has impacted you over the past year?

Some of our biggest challenges within the past year include:

Closing a 250-million-dollar deal with New York laws and local security package.

Getting finance in Peru without the leverage or security from our parent company was difficult for a subsidiary of a Vietnamese company working far away from Asia, but after a slow start in the operational stage, was possible. Though getting significant finance from international investors and having Citibank NY as a lead arranger was a challenge, even for our parent company. So, closing this deal in February 2022 was a milestone for Bitel and was very satisfactory not just to negotiate and close the enormous amount of paperwork involved but also meet the investors backing the finance and learn all the trust that they have in our company.

Looking forward, what technological advancements do you feel will impact the role of in-house legal teams in the future the most?

Legal software facilitating the drafting, closing and enforcement of contracts; or software helping lawyers to have jurisprudence or law applicable to specific cases or similar software will help to make easier and faster the job of the lawyers. As well as artificial intelligence, 5G and multiple legal apps.

What is a cause, business related or otherwise, that you care about, and why?

Reducing the gap of education from cities to rural communities, especially in places with highly difficult geography like Peru is something that I care. Luckily is something that we can do, many times for free, within a telecommunications business with authentic DNA of social responsibility, such as Bitel.