Neither company has a license for any radio frequency in Mexico, so until the time they get one this PR means relatively little at the present time.
How are they operating the trial/test without a license?
2.5 LICENSES FOR THE USE OF RADIO-FREQUENCIES. All licenses for the
commercial use of radio-frequencies required for the operation of the Projects
Networks are granted by the Mexican Ministry of Communications and
Transportation only through public bidding processes. The Parties acknowledge
that at the time of executing this Agreement VPN does not own any rights or
licenses for the use of the radio-frequencies that may be required for the
operation of certain services to be provided by the Company. Therefore, the
Company will participate in any bidding process for the acquisition of the
required radiofrequencies. In the event that the Company does not meet the
governmental requirements, then VPN may, at its own discretion, participate in
bidding processes called by the Mexican Ministry of Communications and
Transportation, in order to obtain the necessary licenses for the use of
radio-frequencies by the Project Networks. All costs and expenses associated
with the Company is participation in the so called bidding processes, including
the actual bidding price for frequencies, will be paid by the Company. All costs
and expenses associated with VPN is participation in the so called bidding
processes, including the actual bidding price for frequencies, will be paid by
VPN. Due to the fact that, as mentioned above, the licenses for the commercial
use of radio-frequencies are granted only through public bidding processes, the
Parties expressly agree and recognize that VPN will not be liable or hold
responsible in the event VPN is not awarded with the licenses for the commercial
use of radio-frequencies required for the operation of the Project Networks.
Finally, the Parties expressly agree that in the event VPN is awarded with any
such licenses for the commercial use of radio-frequencies required for the
operation of the Project Networks, such licenses shall be of the exclusive
property of VPN, but VPN shall grant the Company the exclusive right to use such
licenses and shall keep such licenses current and valid for use, for as long as
the Project Networks remain in operation or until such time that the Company
obtains its own such licenses.
"There is no great honor these days in being a long (very long).......
Not a lot of profit either it seems."
