Slim’s America Movil Challenges Pemex Contract Awarded to Televisa Group

09/11/2018 – The New York Times

telecomunicaiconesBillionaire Carlos Slim’s America Movil and Mexico’s state oil firm have become embroiled in a public fight over a government contract after the telecommunications giant filed complaints and a legal challenge, saying it unfairly lost the bid.

A rival group, including a unit of Mexican broadcaster Grupo Televisa <TLVACPO.MX>, won a contract in June for nearly $36 million to provide internet to the oil company known as Pemex.

America Movil had presented a cheaper offer of roughly $24.5 million, a company spokesman said, and went on to file complaints against Pemex.

A Pemex spokesman said on Monday that the company expects to respond in several days but has not set an exact date.

 

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