Phoenix Tower International
Thursday, August 22, 2019

The creation of CFE Telecommunications faces operational, financial and legal challenges

The new operator of the Mexican State, promoted by President AMLO (Andrés Manuel López Obrador), has an initial budget of US$ 32.6 million and infrastructure of the Federal Electricity Commission. Its goal is to connect 75% of the national geography and provide free Internet and solidarity rates to residential users.

At the end of July, President  AMLO (Andrés Manuel López Obrador) announced the creation of the public company “CFE Telecommunications and Internet for All”, after the public and international tender scheduled for May and the deployment of 25,000 km of the fiber optic backbone network, without private sector bidders, was suspended for the fourth consecutive time. The challenge being faced by the initiative promoted by the Executive is enormous, with not only financial and operational, but also legal borders.

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