Mexico President Fetes Telecom Law as Top Court Weighs Slim Challenge

6/26/2017 The New York Times

slimMEXICO CITY — President Enrique Pena Nieto and industry executives praised a three-year-old overhaul of Mexico’s telecommunications sector on Monday as it faces a major challenge from billionaire Carlos Slim in the Supreme Court.

The number of Mexicans with cellphones surged by 20 million to 81 million in 2016 since the constitutional reform, while the number of Internet users has expanded to 65 million from 41 million, Pena Nieto said in an apparent bid to increase public support for the law.

He held the event as the Supreme Court considers whether to undo parts of the reform that tilted the playing field against Slim’s long-dominant America Movil SAB de CV and led to steep drops in prices that Mexicans pay for cell phone service and internet access.

“To not have made the change would have been irresponsible. It would have condemned Mexico to falling behind,” Pena Nieto told hundreds of government officials and industry executives at the presidential residence Los Pinos.

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