A consortium made up of Rivada Networks and Spectrum Frontier has been disqualified from competing in a tender to build and run a national wholesale mobile network in Mexico, Reuters reported.

The Ministry of Communications and Transport said the group did not present a MXNX1 billion ($52 million) bid bond on time, leaving Altan, which includes Megacable and Axtel, as the sole remaining bidder.

The winner is to be announced on 17 November.

The network will cover at least 85 per cent of the population and is part of a strategy to reel in the dominance of America Movil.