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Mexico's Altan Redes secures USD 50 mln CAF loan for Red Compartida

Thursday 27 September 2018 | 13:59 CET | News
Latin American Development Bank CAF has awarded a USD 50 million loan to the Altan Redes consortium that's rolling out Mexico's 4G shared network (Red Compartida). In a statement, CAF said the long-term loan aim is designed to help Altan install, deploy, operate and maintain the wholesale network on the 700MHz band, allowing it to ultimate reach 103.5 million Mexicans, around 92 percent of the population, by 2024. The first phase of the Red Compartida network was activated in March and covered around 32 percent of the country's population, bringing 4.5G technology to a total of 36.2 million

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Categories: Mobile & Wireless
Companies: Altan / Televisa
Countries: Mexico
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