Fiber optic installation announced for Cancun-Tulum corridor
Source：El Economista
From：Taiwan Trade Center Mexico , Service Industry Promotion Section 3
Update Time：2018/11/14
According to Mexico News Daily, “The internet is going high-speed for the millions of tourists who visit the Cancun-Tulum corridor of Quintana Roo as interest on investing in fiber optic communication in the region grows.
Wireless broadband developer Cobalt Holdings is spearheading the trend with its plans to lay a 180-kilometer fiber optic network in the northern part of the state to cater to the hotel industry.
The company’s President, Lawrence Malone, explained that the firm is interested in the economic potential of northern Quintana Roo due to its more than 100,000 hotel rooms, high occupancy rates and investments in the hotel and services industries that have been announced.
The newspaper El Economista explained that the corridor is one of the world´s fastest-growing tourist destinations, with more than 17 million visitors per year with an economic impact of over US $7 billion.
The head of the Quintana Roo´s Institute for Innovation and Technology told El Economista that other firms have also shown interest in fiber optic communication, including the local Lomastel Telecomunicación and China´s state-owned telecom company China Telecom.
The state has received some US $21 million in fiber optic communications investments in recent years, given the appeal of the Caribbean hotel industry and the needs of the public sector, which will only go up next year when the federal Tourism Secretariat moves to the capital of the state, according to the Quintana Roo´s Institute for Innovation and Technology.”
Source from “Mexico News Daily” , “El Economista”
https://mexiconewsdaily.com/news/fiber-optic-installation-announced/