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Mexico's Altan Redes files for bankruptcy, continues network rollout

Wednesday 14 July 2021 | 10:02 CET | News
The Altan Redes consortium tasked with deploying Mexico's 4.5G shared network (Red Compartida) said it has filed for bankruptcy as part of a process to reorganise its financial commitments. In a statement, the company confirmed it was seeking protection under Mexican law to renegotiate its debts with a view to safeguarding its assets, operations and the jobs of its collaborators. "We have the support of our shareholders and the government of Mexico in this process, in addition to the trust of our clients," said Altan CEO Salvador Alvarez, adding that the consortium would continue with the

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Categories: Mobile & Wireless
Companies: Altan
Countries: Mexico
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