Mexico's electricity commission to auction fiber network ... again
The Mexican government has once again hatched plans to auction off the Federal Electricity Commission's (CFE) 25,000 km state-owned fiber network with hopes that a private service provider will use it to compete with the country's dominant telco, America Movil (NYSE: AMX) and increase broadband availability.
Jose Ignacio Peralta Sanchez, Mexican Communications Undersecretary, said in a statement that CFE's network will be transferred to Telecomunicaciones de Mexico, or Telecomm, which will then put it up for auction.
Specifically, this auction is designed to expand the fiber-optic network to cover 98 percent of Mexico's population.
This new initiative follows a previous attempt in 2010 to sell the state-owned fiber network infrastructure to build networks in areas that currently don't have access to broadband services.
- Latin American Herald Tribune has this article
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