Mexico Moves to Open Up Telecom Industry Long Dominated by Monopolies Tim Johnson - McClatchy Newspapers
go to original March 12, 2013

MEXICO CITY — Leaders of Mexico’s three major political parties launched a sweeping proposal Monday to break open the highly monopolistic telecommunications sector, calling for new laws that would create competition to the established companies that now control the nation’s broadcast and cable television, Internet access, and fixed line and cellular telephones.

The proposal would open the door to two new national television networks and set rules that would lower costs and broaden access to the Internet and telephones. It also would allow dramatically increased foreign investment in telecommunications.

In a ceremony filled with pomp, chiefs of political parties from the left, center and right cast the telecom reform as a watershed event that would shake off monopolistic private control that is almost without parallel elsewhere in the Western world.

President Enrique Pena Nieto, who just completed 100 days in office, said opening up the telecom sector to competition would invigorate the economy and lift Mexico globally.

Read the whole story at ledger-enquirer.com

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