The Latest in IT Security

In twist, Mexico says non-telecom Slim firms dominate telecoms


By Alexandra Alper and Tomas Sarmiento MEXICO CITY (Reuters) – Mexicos telecoms regulator on Friday declared two of billionaire Carlos Slims major financial and industrial companies dominant in telecommunications, but has yet to slap the tag on Slims flagship telecom company. It is widely expected that Slims telecom company America Movil will be declared dominant, or having an outsized share in its market, although a spokesman said the company has not yet been notified. Mexico is trying to spur competition in its tight-knit phone and TV industries through a wide-ranging telecoms overhaul passed last year. The newly empowered Federal Telecommunications Institute (IFT) deemed Slims bank Inbursa and conglomerate Grupo Carso, which both have direct or indirect stakes in America Movil, dominant in telecoms given their economic interests, the companies said on Friday.

Comments are closed.


MONDAY, APRIL 12, 2021

Mission-Critical Broadband – Why Governments Should Partner with Commercial Operators:
Many governments embrace mobile network operator (MNO) networks as ...

ARA at Scale: How to Choose a Solution That Grows With Your Needs:
Application release automation (ARA) tools enable best practices in...

The Multi-Model Database:
Part of the “new normal” where data and cloud applications are ...



Latest Comments