Televisa-led Mexican fiber consortium to open for business in August 2011

With its dark fiber license in hand, the dark fiber consortium led by Grupo Televisa SAB with partners Megacable (Mexico: MEGACPO.MX) and Telefonica SA (NYSE: TEF) will begin offering services this August.

Citing an article in El Financiero, TeleGeography reports that the fiber consortium says it is on track to complete necessary technical work by July, one month before it plans to officially launch service.

Last June, the Televisa-led consortium won a lease to leverage Mexican state power company Comision Federal de Electricidad's (CFE) dark fiber network to use for backhauling their own network traffic and selling competitive wholesale services to other service providers.

In addition to spending MXN 884 million (USD 69.4 million) to buy the fiber lease, the trio plans to spend a combined MXN 1.3 billion (USD 111.7 million) to upgrade the fiber infrastructure as a foundation for other future services.

Ultimately, the consortium's new network is about offsetting their dependency on Mexico's dominant telco Telmex.  

For more:
- TeleGeography has this article

Related articles:
Televisa-led consortium wins fiber network lease
Televisa, Telefonica and Megacable to jointly bid in Mexican fiber auction
Televisa-led consortium becomes primary bidder in Mexican fiber auction
Telefonica considers joint bid on Mexican fiber auction

Check out our Latin America telecom eBook