Mexico awards US$38m fibre cable contract to support its rural broadband effort

News and Business

Prysmian Group has been awarded a new cable contract worth about US$38 million from the Mexican government-owned Company Comisión Federal de Electricidad (CFE). The deal will support the Proyecto de Conectividad Fibra Óptica Red Eléctrica Inteligente REI broadband deployment across Mexico.

This project will connect over 50 cities and remote regions in the country with high-speed broadband. Prysmian’s end includes the design, supply and installation of a minimum of 9,800km of OPGW cables and 5,100km of ADSS cables.

The OPGW cables will be produced at the Group’s plant in Vilanova i la Geltrù, Spain, and the ADSS cables will be produced in a plant located in Durango, Mexico.

Prysmian took part in an international tender involving several local and overseas producers. Juan Mogollon, CEO for the LATAM region at Prysmian Group, said: “We wouldn’t have been able to succeed in this project without the extremely efficient cooperation among our local sales team and global operations, R&D, procurement, logistics and legal teams.”

Philippe Vanhille, executive vice president for telecom business at the firm, chipped in, “Mexico and Central America offer considerable scope for development in all telecom sectors in the near future, with broadband internet subscribers constantly growing. The investments we made in this area in the past few years have been key to helping Prysmian being ready to meet the subsequent increase in market demand and to support customers in the region.”

Prysmian Group has sales of over €11 billion, and about 29,000 employees at 112 plants across over 50 countries. It is listed on the Italian stock exchange.

For more information, visit www.prysmiangroup.com