Axtel's data center is receiving an initial investment of 450mn pesos (US$24.7mn) and the company plans to invest an additional 800mn pesos over a two-year period.
Brazil comprised 29.1% of the 3Q16 total telecom revenues for the region, which the OTI said is 1.1% less than last year.
The US$100mn project marks OData's international expansion. Plans are to have three data centers in the country.
Public firm Proderj is processing and storing data for the entire education department of the state of Rio de Janeiro. Cisco will donate part of the equipment imported for the 2016 Olympics to the agency.
If approved, the deal would allow the two broadband providers to offer fixed line and mobile services as well as pay TV.
Colombia takes on year-long presidency of the alliance with Mexico, Chile, and Peru.