Cuatrecasas advised Multitel on telecom PPP in Mexico

Cuatrecasas acted for Multitel in setting up the consortium and throughout the bidding process for Mexico´s largest telecom project to date.

Mexico’s Ministry of Communication and Transport SCT has awarded the 20-year contract for the shared broadband network PPP to the Altan consortium. 

Multitel, a company owned by Spanish businessman Eugenio Galdón, is the technological partner in Altan. The consortium also includes Morgan Stanley Infrastructures, the World Bank through International Finance Corporation, CDPQ (the second largest pension fund in Canada), Axtel and Megacable. The project has a capital provided by its shareholders of $750 million and initial financing of over $2 billion.

The shared network will be implemented through a public-private partnership involving investment of over $7 billion throughout the concession’s lifetime. Once built, the new mobile network will provide coverage to 92.2% of Mexico’s population.

Partners Javier Villasante, Mariano Ucar and Santiago Ferrer in Mexico, and Andrés Sánchez in Madrid led the Cuatrecasas team advising Multitel.

Cuatrecasas advised Multitel on telecom PPP in Mexico

Ignacio Abella

The Latin American Lawyer is a bimonthly digital magazine, published by Iberian Legal Group, available in Spanish and Brazilian Portuguese. It represents the main source of information in the legal business sector in America Latina. The digital magazine – and its portal – address to the protagonists of law firms and in-house lawyers. The magazine is available for free on the website and on Google Play and App Store.

In every issue of the magazine, you will find rankings of lawyers, special report on trends, interviews, information about deals and their advisors.

For further information, please visit the Group’s website

Iberian Legal Group, S.L.
Registered office: C/ Ríos Rosas 44A - 2 G,H 28003 Madrid España

Copyright 2023 © All rights Reserved. Design by Origami Creative Studio


Share on linkedin
Share on twitter
Share on facebook
Share on whatsapp
Share on email
Share on telegram