Megacable mulling team-up for fibre strand bid

18 Nov 2009

Mexican cableco Megacable is understood to be considering teaming up with other telecoms and media companies to mount a joint bid for access to one of the two strands of dark fibre owned by state power company Comision Federal de Electricidad (CFE) that is being offered later this year. According to Reuters, citing comments by Megacable CEO Enrique Yamuni, the cableco is in negotiations with Spanish giant Telefonica and Mexican multimedia conglomerate Televisa over the formation of a consortium to bid in the auction for the additional capacity offered by the fibre infrastructure. Other potential partners also mentioned include Megacable’s fixed line rivals Alestra and Axtel. ‘We are waiting for other companies to jump in the deal with us,’ Yamuni said, adding, ‘We think the best way of doing it is through a consortium. That would allow us to share the bandwidth.’

As reported by CommsUpdate last month, the government is expected to issue the final bidding rules for the auction within the next few days, and it is expected that the two contracts up for grabs will be awarded by the end of January 2010.