A project will benefit more than three million people with improved broadband coverage, over half of whom live in poverty
WASHINGTON – IDB Invest will finance up to US$20 million for IENTC, a telecommunications operator in Mexico with more than a decade of experience, to expand its network coverage and improve internet access for households living in poverty.
The operation will enable IENTC to strengthen its working capital, expand its fiber-optic infrastructure—mainly in regions with low broadband penetration—and increase the coverage and capacity of its network, which currently spans 25,000 kilometers across 29 states. The project includes the acquisition and installation of critical equipment and expansion into southern and southeastern regions of the country. This initiative will benefit more than three million people, over 50% of whom live in poverty, contributing to local development.
The financing consists of a revolving credit line in two tranches: a committed tranche of $8 million and an uncommitted tranche of $12 million, both in U.S. dollars or their equivalent in Mexican pesos.
In addition to financing, IDB Invest will provide technical advisory services to support IENTC in developing a comprehensive sustainability strategy, including an action plan to strengthen environmental, social, and governance practices.
With this operation, IDB Invest reaffirms its commitment to promoting digital transformation and development in Latin America and the Caribbean.
About IDB Invest
IDB Invest, a member of the IDB Group, is a multilateral development bank committed to promoting the economic development of its member countries in Latin America and the Caribbean through the private sector. IDB Invest finances sustainable companies and projects to achieve financial results and maximize economic, social, and environmental development in the region. With a portfolio of $22 billion in assets under management and more than 440 clients in 25 countries, IDB Invest provides innovative financial solutions and advisory services that meet the needs of its clients in a variety of industries. Visit our website: www.idbinvest.org/en.
About IENTC
IENTC is a Mexican telecommunications infrastructure and services company focused on enabling high‑performance connectivity for operators, hyperscalers, and enterprise clients. The company designs, builds, and operates fiber-optic networks and wholesale solutions including transport, dedicated links, and interconnection services, with the goal of simplifying access to reliable and scalable capacity in Mexico and the region. Its mission is to make global connectivity simpler, faster, and more reliable by expanding its ecosystem where it makes the most sense.