The Mexican government is currently supporting the implementation two ambitious infrastructure projects to expand mobile and fixed broadband infrastructure across the country.
One is the Red Troncal de Fibra Optica, a 25,000Km wholesale fiber network owned by the Federal Electricity Commission (CFE) that the government aims to enable to deliver broadband service across the country.
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The other is the country’s wholesale mobile network Red Compartida, already providing 4G coverage to 26,744 towns, equating to 50% of the country’s population.
Once the project is completed, by 2024, the wholesale network is expected to reach 92.2% of the country’s population, including 25,000 towns with less than 5,000 inhabitants and 20,000 towns with less than 250 inhabitants.
Total telecommunications and pay-TV services revenue in Mexico will expand at a CAGR of 3.5% during the 2019-2024 period.
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By GlobalDataThe mobile data segment, which accounted for 30.3% of the total telecom service revenue in the market during 2019, will remain the largest revenue contributor throughout the whole forecast period, expanding at a CAGR of 7.2%.
Meanwhile, the fixed broadband segment will be the fastest growing, expanding at a CAGR of 8.8% during the same period.
Growth will be supported by ongoing fixed broadband network investments from operator’s as well government-driven initiatives such as Mexico’s broadband development plan and “Internet for All”.
