Red Compartida

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Red Compartida (or Shared Network) will be the first fully wholesale mobile network deployed anywhere in the world. The Shared Network seeks to allow Mexicans to access coverage of telephony and internet services with higher quality and lower prices. On July 9, 2014, the Mexican Government passed wide-ranging telecommunications reforms, designed to abolish long-distance phone charges, make it easier for customers to switch phone companies, and broaden access to free-to-air television stations. Under the new laws, the Mexican telecommunications regulator was required to establish a wholesale-only wireless network — a “carrier’s carrier” that will sell mobile-network capacity to all comers. In 2015, the regulator announced the “Red Compartida” initiative. On November 17, 2016, Mexico’s Ministry of Communications and Transportation announced that the ALTÁN Consortium won the international tender process for Red Compartida. The new wholesale network is expected to begin operations by March 31, 2018, covering 30% of the Mexican population. The network will grow to provide services nationwide using all-IP network and 4G-LTE technology on the 700 MHz spectrum band, reaching 92.2% of the Mexican population. The network concession is for a term of 20 years with an option to extend for another 20 years. After the concession period, the sponsor will transfer the ownership of the project to the Government. The Red Compartida network will be “wholesale only”. This means that the company which builds and operates the network will not be involved in providing mobile service to consumers. Instead, the operator will provide access to the network to mobile operators, who will in turn use the network capacity to provide a consumer mobile product. Access to the network for these operators will be sold to the highest bidder in regular auctions. The cost of building a mobile network is prohibitive and requires billions of dollars in capital outlay. By providing the infrastructure through a wholesale only network, the cost of offering a new consumer service to Mexican customers will be significantly reduced. Altán, made up of various investment funds such as the China-Mexico bi - national fund or International Finance Corporation, administered by the World Bank, as well as some companies such as Axtel and Megacable among others. Financial closure was achieved on April 3rd, 2017 by tying up funds worth $946.6 million (MXN 17.75 billion) with state - owned banks, namely Bancomext, Banobras and Nafin. http://www.proyectosmexico.gob.mx/cierre-financiero-exitoso-del-proyecto-red-compartida/ https://www.forbes.com.mx/altan-obtiene-credito-por-17500-mdd-para-red-compartida/ FC explicitly stated in articles. FC could be ascertained since state- owned banks committed to provide the debt.