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Peru: TV Azteca to finance optic fibre network

By  |  April 14, 2015

Mexico’s second largest TV broadcaster, TV Azteca, has announced the sale of bonds worth $274 million in order to finance the installation of a nationwide optic fibre network in Perú.

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    TV Azteca was the winner in a 2013 contest, gaining the rights to build and operate the optic fibre network, which will aim to provide communications services to around 80% of Perú’s territory.

    The project’s development will be partially backed by the Government, which will provide funding for the network and award a 20 year operating license. TV Azteca will offer services over this network, covering up to 339 population centers.

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