November 4, 2016 / 4:41 PM / a year ago

Mexico says one bid in wholesale mobile network tender not solvent

MEXICO CITY, Nov 4 (Reuters) - Mexico’s government on Friday said one of the consortia competing in a tender to build and run a national wholesale mobile network has made a bit that is not solvent.

An official at the Ministry of Communications and Transport said in a news conference the group made up of Rivada Networks and Spectrum Frontier did not present the required bid bond.

Reporting by Christine Murray

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