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Telefónica, Televisa and Megacable in auction link
23 March 2010
Telefónica and two Mexican media groups, Grupo Televisa and Megacable Holdings, will work together to bid for access to the Mexican electricity company’s dark fibre
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Telefónica
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electricity
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Grupo Televisa, the Mexican media company, will join Megacable Holdings and the local unit of Spain’s Telefónica to bid in a dark fibre auction. The three companies will form a group of equal equity stakes if their joint bid is successful.
The dark fibre is being leased by Comisión Federal de Electricidad, a state-run electric utility. The government is offering 20-year leases for dark fibre owned by the utility along three routes, Mexico’s Pacific coast, the centre of the country, and the Gulf coast.
The government is expected to unveil the results of the auction on June 9 2010 and has set a minimum bid price of $68.5 million for the three routes.
The auction will help smaller carriers in the Mexican telecom market that lack coverage and infrastructure to rival against the country’s largest fixed-line operator, Carlos Slim’s Teléfonos de México or Telmex. GTB