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Mexico: Bancomext provides USD 161 million bailout to state-owned telecom company Altán Redes

Description

On 10 June 2022, the National Bank of Foreign Trade of Mexico (Bancomext in Spanish) provided a USD 161 million bailout to state-owned Altán Redes. The beneficiary company operates the shared 4.5G LTE...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

10 Jun 2022

Revocation date

No revocation date

Implementation level

NFI

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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