Mexico shared network secures $50m loan, but its troubles remain

Altán Redes, the company that operates Mexico’s shared LTE network, has secured a US$50 million loan from shareholders to help it continue operations.
The firm filed for bankruptcy protection under Mexican law in July. It did not give a lot away about the state of its finances, but it’s pretty clear what’s going on: it has racked up a lot of a debt and has failed to attract customers.
The new loan, which it states will enable it to continue with network operations and se