The US telco is pushing the adoption of internet of things technologies in fleet connectivity and smart city systems in Mexico. Andrés Canales, deputy VP of IoT for the company in Mexico, discussed the technology with BNamericas.
According to Subtel, the band is being underused by concessionaires and could be key spectrum for 5G.
The project is expected to offer wholesale services to the telecom industry, in the vein of the recently launched Red Compartida, via two 25,000km strands of fiber optics cable belonging to state utility CFE.
The US giant is putting more focus on small businesses with new solutions. In Latin America, Brazil represents around 40-45% of Oracle's sales and Mexico 20%.
The company said it expects to start enabling the network in the US by the start of 2019 and move onto Mexico by the end of next year.
TIM launches Brazil's first narrowband IoT network, in partnership with Ericsson and Inatel, while the country's research and innovation financing entity Finep launched a US$400mn line for IoT projects.
The unit will be headed by Nilton Cruz, who has worked for 29 years at Fujitsu and previously led new businesses and marketing operations at the company.
The smartphone has spurred regional lenders to build their digital muscles to help meet the demands of clients and protect market share. BNamericas talks to banking tech firm Technisys cofounder German Pugliese-Bassi about the state of play in LatAm, and more.