Mexico regulator unlikely to meet deadline for TV auction terms

Reuters, 11/22/2012

Mexico’s telecommunications watchdog is unlikely to meet a November 30 deadline to publish the terms for the long-awaited auction of frequencies that could lead to the creation of up to two new TV networks, chief regulator Mony de Swaan said on Thursday.

“It is remote,” de Swaan told reporters at a telecoms event, when asked about the possibility of the terms being published next week.

That delay would mean an eventual auction would take place only after President-elect Enrique Pena Nieto takes over as head of state on December 1.

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