Mexico Seeks at Least $66 Million for Fiber Network

Mexico's government will auction two unused fiber-optic lines for at least 858.6 million pesos ($66 million), Communications and Transportation Minister Juan Molinar said. The auction will include two cables covering about 20,000 kilometers (12,400 miles). Rules for the auction, published in the official gazette, say a bidder could win one, two or all three divisions being offered as a 20-year lease. Results will be announced June 9.