Background on Altan Redes
Altan Redes is a Mexican wholesale telecommunications operator that has recently shown significant growth in revenue. This company is crucial to understanding the dynamics of Mexico’s telecommunications market, as its success impacts both competitors and consumers.
Revenue Growth Comparison
During the first quarter of 2025, Altan Redes reported a remarkable 48.53% increase in revenue compared to the same period in 2024. This growth contrasts sharply with Telcel’s 3.3% decline, AT&T’s 8.7% decrease, and Movistar’s more modest 1.3% organic growth.
Revenue in Context
Altan Redes’ revenue of 2,884.2 million pesos (approximately 151.6 million USD) for Q1 2025 may seem small when compared to Telcel’s revenue, which is more than double Altan’s. However, considering their respective focuses—Altan as a wholesale operator and Telcel, AT&T, and Movistar as retail-focused companies—Altan’s performance is noteworthy.
Market Position and Impact
According to preliminary data from the Mexican Federal Telecommunications Institute (IFT), Altan Redes now ranks as the eighth-largest economic group in Mexico by revenue, having moved up from ninth place a year ago. This improvement reflects Altan’s growing influence in the telecommunications sector.
Debt Reduction and Network Maintenance
Altan Redes’ improved financial situation allows it to better manage its substantial debt to the Mexican government and maintain its telecommunications network. This is particularly important given criticisms from competitors regarding Altan’s lower tax burden due to its use of the 700 MHz band, compared to Telcel and AT&T’s higher taxes for other spectrum bands in their concessions.
Customer Base and Network Coverage
Altan Redes supports over 140 mobile virtual network operators (MVNOs) and covers more than 81% of the cellular connections in Mexico, equivalent to approximately 20 million lines. This extensive network coverage ensures that Altan plays a vital role in the country’s telecommunications ecosystem.
Key Questions and Answers
- Who is Altan Redes? Altan Redes is a Mexican wholesale telecommunications operator.
- Why is Altan Redes’ performance significant? Despite focusing on wholesale operations, Altan Redes’ 48.53% revenue growth outpaces Telcel, AT&T, and Movistar’s performance, indicating a strong position in the Mexican telecom market.
- What does Altan Redes’ improved financial situation mean for its debt and network? With better revenue, Altan Redes can more effectively manage its debt to the Mexican government and maintain its extensive telecommunications network, benefiting both the company and its users.
- How many MVNOs does Altan Redes support, and what percentage of Mexico’s cellular connections does its network cover? Altan Redes supports 140 MVNOs and covers more than 81% of Mexico’s cellular connections, equivalent to around 20 million lines.
