Netwey: Expanding Affordable Internet in Mexico
Sector: Residential • Location: Mexico
Source: Inter-American Development Bank (IADB)
IDB Invest proposes a US$5 million equity investment in Desarrollos Gopca, S.A.P.I. de C.V. (“Netwey”), a Mexican internet service provider (ISP) founded in 2018, offering fiber-to-the-home (FTTH) and fixed broadband (HBB) connectivity. Netwey offers high-speed internet access to low-income customers through a unique prepaid service model, standing out for offering high-speed internet with no long
Project Information FAQ
Project Information
Want to explore the full details? View the full report
Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | in implementation |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | IDB Invest proposes a US$5 million equity investment in Desarrollos Gopca, S.A.P.I. de C.V. (“Netwey”), a Mexican internet service provider (ISP) founded in 2018, offering fiber-to-the-home (FTTH) and fixed broadband (HBB) connectivity. Netwey offers high-speed internet access to low-income customers through a unique prepaid service model, standing out for offering high-speed internet with no long-term contracts or penalties for suspension, reconnection or cancellation. Since its inception, Netwey has experienced significant growth, reaching more than 250,000 connected homes and expanding to 17 of Mexico's 31 states. The proceeds of this investment will be used primarily to support Netwey's expansion plans, focusing on the expansion of its fiber network. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
Project Type | Obfuscated Data |
Article Published Date | Obfuscated Data |