March 28, 2013
by Ana Arana
Mexico telecoms reform hits world’s richest man
A new telecommunications reform that was presented in Mexico by the government of Enrique Peña Nieto has been heralded worldwide. The reform bill seeks to amend the Mexican Constitution and will open the telephony and television industries. The changes had been recommended last year by the Organisation for Economic Cooperation and Development, which said the lack of competition in the telecommunications sector cost Mexico $25 billion dollars a year and offered among the highest prices in the world to consumers. The Mexican Congress’ lower house approved the law on Thursday March 21 and the Mexican Senate is expected to approve it in April. The version approved opens radio, television and telecommunications to foreign investment. The reform was presented to Congress [...]

