Mexico moves to end telecom monopolies

Mar 11, 2013

Mexico's government introduced a draft constitutional reform Monday to end monopolies in telecoms industries that have built some of the country's biggest fortunes.

The plan to improve fairness in some of Mexico's most lucrative industries seeks to foster competition in cable television, telephone and (ISP) services.

The plan would put an end to Mexico's telephone monopoly that is controlled by , the world's richest individual according to Forbes, and concentrated control over broadcast television and cable, which is dominated by Televisa, owned by Emilio Azcarraga.

We want to "strengthen the state's role as a guiding force, the legal framework for these businesses and regulatory capacity, to encourage growth in a context of fair competition," said Transport and Communications Minister Gerardo Ruiz Esparza.

In Mexico's phone industry, Slim's Telmex has 90 percent of landline accounts and his Telcel 70 percent of mobile accounts. Televisa controls 70 percent of and 60 percent of accounts.

The reform also would create a Federal Telecommunications Institute as a regulatory body, taking that authority away from the presidency.

Explore further: Why the SIM card has had its day

add to favorites email to friend print save as pdf

Related Stories

Mexico billionaires battle over telecoms sector

Feb 05, 2012

Battles between three Mexican billionaires over control of the lucrative telecoms sector heated up again this week, intensified by international criticism of monopolistic practices.

Billionaires vie for Mexico's telecom market

May 27, 2011

In one corner: the world's richest man, with a fortune estimated at $74 billion. In the other: two of the biggest media moguls in Latin America, with power to shape public opinion.

Mexico TV network seen winning in telecom dispute

Aug 10, 2012

(AP) — The administration of outgoing President Felipe Calderon is canceling telecom frequency concessions belonging to a potential rival of Mexican broadcasting giant Televisa, something analysts said Thursday appears ...

Mexican mogul Slim expands empire in Europe

Jun 15, 2012

Mexican billionaire Carlos Slim on Friday moved to spread his telecoms empire into central and eastern Europe by raising his stake in Telekom Austria to 9.9 percent with the aim of obtaining 25.9 percent.

FCC offers early peak at national broadband plan

Dec 16, 2009

(AP) -- Expanding the fund that subsidizes telephone service for poor and rural communities and finding more spectrum for wireless broadband services will be key pieces of a federal plan to bring high-speed Internet connections ...

Recommended for you

Why the SIM card has had its day

20 hours ago

The small microchips known as "subscriber identity modules" or SIM cards that are required for mobile phones to log on to a phone network will soon be 25 years old. While mobile phones and network technology ...

The UK doesn't yet need net neutrality regulations

Mar 04, 2015

The net neutrality debate in the US has ended, at least for now, with the Federal Communications Commission ruling for stricter regulation of telecoms and internet service providers (ISPs) in order to maintain ...

Italy adopts plans to shift into Internet fast lane

Mar 04, 2015

Italy's government adopted a six-billion-euro plan Tuesday to modernise its Internet network and improve access to broadband in hopes of shedding its reputation as one of Europe's online laggards.

Phone firms and the quest for the 5G Holy Grail

Mar 03, 2015

Lightning-quick downloads, driverless cars and remote surgery: telecom firms are racing to develop a new generation of "5G" mobile networks that could start to change the world in five years.

User comments : 0

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.