SierraIG, a joint venture between SummitIG and Neutral Networks, has established a pure-play dark fibre infrastructure provider in Mexico that is committed to building purpose-built and underground dense fibre infrastructure in key data centre markets throughout Mexico starting with the Querétaro and Monterrey markets.
SummitIG will hold a majority stake in SierraIG, marking its first operations outside of the US.
Utilising the current fibre assets to data centres from Neutral Networks, SierraIG has plans to expand its network infrastructure platform to 750km, with an investment of US$50 million.
It will provide custom dark fibre connectivity solutions between data centres for hyperscalers, cloud and content service providers, large enterprises and both national and international carriers in Mexico.
The network will provide unparalleled quality through unique and diverse routes, backed by a team with over 30 years of industry experience.
For the first time in Mexico’s history, data centre operators and hyperscalers are investing billions of dollars in the region and will need new, scalable and highly reliable network infrastructure to meet their connectivity demands.
“SierraIG aligns the best-in-class resources and relationships across both organisations, SummitIG will provide growth capital and deep understanding of architecting and constructing critical digital infrastructure assets while Neutral Networks will provide local expertise and knowledge in delivering and operating networks in the region,” said Sunny Kumar, CEO of SummitIG. “We are thrilled to partner with Neutral Networks on this venture and be a catalyst for data centre growth in Mexico.”
In addition, the Head of the Ministry of Sustainable Development (SEDESU) of the State of Querétaro, Marco Antonio Del Prete Tercero, said: “Querétaro has become the Valley of Data Centres, which are facilities that require underground, diverse and reliable fibre optic networks for their operations.
“The creation of SierraIG by Neutral Networks and SummitIG contributes to the infrastructure and connectivity needs demanded by companies in the sector. Furthermore, this project confirms Querétaro’s position as an attractive state for investment in technology,” added Tercero.
Gabriel Navarro, CEO of Neutral Networks, said: “Mexico has an unprecedented opportunity to establish itself as one of the major data centre hubs in Latin America, and both industry and government officials need to work together to make this happen. With SummitIG’s proven track record of designing and managing dense dark fibre infrastructure platforms, we are very pleased to partner with SummitIG and capitalise on this generational opportunity in the country.
“We will continue to strengthen relationships with all stakeholders to make this happen, including the different governmental agencies responsible for granting permits, as they are crucial for the timely execution of the data centre ecosystem, enabling hyperscalers and data centre operators to activate their significant investments,” added Navarro.
