Rodrigo, Elías & Medrano and Martinot Abogados advised on the deal
Peru’s telecommunications and transport ministry (MTC) has signed a contract with YOFC consortium – including Yangtze Optical Fibre and Cable (YOFC) and Yachay Telecomunicaciones – to build a 7,500km fiber optic network to serve 900,000 residents.
The $411 Million network will be financed through universal services fund Pronatel.
Peru is planning to connect 900 localities to its national fiber optic backbone RDNFO by 2021, which will extend some 30,000km.
Rodrigo, Elías & Medrano advised Yangtze Optical Fibre and Cable Company (Hong Kong) Limited (YOFC) with a team including José Talledo Vinces (Picture), María del Rosario Quiroga, Claudia Martínez, Andrea Morelli and Francisco Baldeón.
Martinot Abogados advised Yachay Telecomunicaciones S.A.C. with Fernando Martinot and Yuri Montesinos Álvarez.
Involved fees earner: Fernando Martinot – Martinot Abogados; Yuri Montesinos Alvarez – Muñiz, Olaya, Meléndez, Castro, Ono & Herrera; María del Rosario Quiroga – Rodrigo, Elías & Medrano Abogados; Claudia Martínez – Rodrigo, Elías & Medrano Abogados; Andrea Morelli – Rodrigo, Elías & Medrano Abogados; José Talledo – Rodrigo, Elías & Medrano Abogados;