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Wireless

Mexico's Altan Redes secures USD 50 mln in funding

Thursday 2 September 2021 | 11:53 CET | News
The Altan Redes consortium tasked with deploying Mexico's 4.5G shared network (Red Compartida) said it has secured a USD 50 million loan from shareholders to ensure the continued provision of telecommunications services to customers and end users. The announcement comes after the consortium filed for bankruptcy in July as part of a process to reorganise its financial commitments.

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Categories: Mobile & Wireless
Companies: Altan
Countries: Mexico
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