Mexico’s shared network exits bankruptcy but faces a tricky future
Altan Redes, the company charged with rolling out Mexico’s shared LTE mobile network, has exited bankruptcy protection following a state bailout, but question marks over its viability still remain.
The firm filed for bankruptcy protection under Mexican law in mid-2021 and almost a year later hammered out a financing arrangement with significant government help; Mexico’s state-owned development bank agreed to contribute US$161 million of a $388 million credit line. A bankruptcy court
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