Mexico. The telecommunications infrastructure and services company, Gold Data, announced a significant investment to continue with its expansion plan for its operations in Mexico.
This commitment reaffirms the company's confidence in the Mexican market and its potential for economic growth, and highlights the country's key role in its global business strategy.
"We are excited to strengthen our presence in Mexico with this new investment, which reflects our unwavering commitment to the country and its future," said Renato Tradardi, CEO of Gold Data. "We are confident in Mexico's vast potential and are eager to continue contributing to digital and economic development through our innovative solutions, capable of providing national and international connectivity with the highest quality," he added.
Over the past three years, Gold Data has made substantial investments in the Mexican market, focusing on the development of state-of-the-art telecommunications infrastructure. This effort has been essential to improve connectivity and the quality of operators' services, benefiting both companies and consumers.
Investments to strengthen telecommunications infrastructure in Mexico
The investment, estimated at $80 million, will come from the sale of the company's assets in other countries. With this, Gold Data will strengthen its telecommunications infrastructure to offer new channeled terrestrial networks to provide higher quality data transmission, a critical requirement for companies and content providers that need reliable, low-latency and high-quality connectivity.
The company's executive highlighted the importance of a robust digital infrastructure as a key factor in positioning Mexico as a technological hub in Latin America. "By strengthening its digital infrastructure, Mexico will attract foreign investment, foster business growth, and drive innovation and technological development, consolidating itself as a central hub in the region for nearshoring and other advanced technological activities."
The injection of capital into its operations in Mexico is a clear example of the company's financial capacity to develop large-scale projects, such as Gold Data 1, the first submarine cable system in the Gulf of Mexico, which the company is building in collaboration with Liberty Networks, and which is expected to be ready by 2027.
This new Mexico-United States digital highway will offer reliable international connections with the quality of services required by the market, according to the digital transformation that the sector is going through, and will play a key role in boosting the growing demand for data in Mexico, since its advanced topology network will revolutionize the country's connectivity by reducing latency by up to 35 percent.
"We are sure that the future of telecommunications in Mexico is bright. With our global experience, cutting-edge technology and commitment to innovation, we are well-positioned to help Mexico reach its full digital potential."
This investment will help improve the country's competitiveness in the field of telecommunications and facilitate wider access to high-quality connectivity services.
