Temasek leads funding for Virgin Mobile’s Mexico entry

Mexico’s Mijares, Angoitia, Cortés y Fuentes SC, Chile’s Barros & Errázuriz Abogados, Colombia's Gómez-Pinzón Zuleta Abogados and offshore firm Maples and Calder have helped Singapore investor Temasek lead a US$86 million equity investment in Virgin Mobile Latin America (VMLA) as part of a funding drive to launch the UK mobile phone service provider in Mexico in the wake of the country’s telecoms reforms.