national coverage, greater than 80%

Telecomunicaciones de México, Telecomm, today announces the call for tenders for the very important interurban network, with which the SCT, headed by Gerardo Ruiz Esparza, will close the six-year term with a great success in telecommunications reform which, without a doubt, is the one that has brought the most benefits to users, both because of the lower rates we pay and because of increased access to data and Internet telephony services. kilometers of guard cables in the high voltage towers, and rights for the installation of optical fiber on the rights of way of transmission and distribution networks of the Federal Electricity Commission which in accordance with the Constitution, Telecommunications were transferred to Telecomm

According to auction rules that will duplicate the wholesale network and generate more competition, October 10th the proposals will be submitted; the decision and the price will be granted by Telecomm on 24 October and the signing of the contract will take place on 23 November, a few days before the end of the current administration, so that the deployment of the central network will be monitored by the new This will, of course, be a topic that should be analyzed in the transition team – one that wins next Sunday – but it is expected that this will not be a controversial issue because it will not be a controversial issue. is an association of the SCT and Télécomm.

Public Private, APP, in the form of self-financing, for which the winning company will be the one that provides the economic, technical and administrative resources for the design, financing, deployment and operation of the long distance network and which must provide 1% of telecommunications

Another interesting point is that the financial advisor, Vace Investment Advisors, is hired under the modality of "success", so it will only charge when the winner, who can be 100 % foreign, sign the contract.

The guarantee of seriousness will be of 200 million dollars and will win which offers the greatest coverage at the national level, above 80% that is the minimum and which will have to reach within a maximum limit of 42 months, starting with 32% coverage over 18 months. If it offers national coverage of more than 80%, it will have to reach its goal within a maximum of 54 months.

THE PESO IS APPRECIATED 2%

After resting in the past two days, yesterday, the peso appreciated 2% against the dollar for internal and external reasons. On the one hand, a depreciation of the dollar, as the growth of the US economy in the first quarter has slightly adjusted from 2.2% to 2%, which decreases the chances of a change. a faster rise in interest rates on the other hand, everything indicates that the Bank of Mexico is determined to send the signal that the markets should not fear a possible triumph of the leading candidate. First, it was Jaime Cortina, general manager of Banxico's operations and payment systems, who said the markets should not be afraid of shaking if AMLO wins. And yesterday, Javier Guzmán, deputy governor of Banxico, made it clear – which is really unusual in a central banker – that a further rise in interest rates should not be ruled out because the balance of Inflation risks remain the same. upwards

This implies that, in case of speculative blow on the foreign exchange market because of the election results, the Bank of Mexico would not hesitate to raise the rates that last week increased by 7, 75% and helped the strengthening of the peso

BIMBO Y FEMSA, SHOPPING

Two of the largest companies in the country announced major investments yesterday, but not in Mexico, but abroad . On the one hand, Bimbo has announced that it has finalized the purchase of Grupo Mankattan, one of the leading bakeries in China with four factories and 1,900 employees, which has accelerated its process d & # 39; internationalization.

In addition, Coca Cola Femsa announced that it would invest $ 250 million for the purchase of Montevideo Refresco, Monresa, the Uruguayan subsidiary of Coca Cola.