Mexico Regulator Plans Vote on America Movil, Televisa Rules

2/27/2017 New York Times

televisa-logoMEXICO CITY — Mexico’s telecommunications regulator plans to discuss and vote later on Monday on the antitrust rules in place against Carlos Slim’s America Movil and broadcaster Grupo Televisa, three people familiar with the matter said.

The measures were part of a sweeping reform of the sector sought by President Enrique Pena Nieto’s government to reign in the country’s telecoms and broadcasting oligopolies.

The rules are revised periodically to see whether the board wants to toughen, maintain or loosen regulations based on how markets are evolving.

A spokesman for regulator the Federal Telecommunications Institute (IFT) said a board meeting was planned for Monday, but did not confirm what the topic would be.

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