Mexico’s telecom reform bill gains Congressional approval

Legislation to  enhance competition in the Mexican telecoms sector has been backed by Congress. The reforms, which were  proposed by President Enrique Pena Nieto, was approved by the Senate. However, the bill now still needs to be passed by a majority of state legislatures, though this is expected to be a formality. A new telecoms regulator – the Federal Telecommunications Institute (FTI) – will be created.  The new body will have the power to order  companies adjudged to dominate their market to sell off assets and it will  be able to limit companies from seeking to stall competition through continued litigation. The reform will  lift restrictions on foreign ownership on fixed line telecommunication services, while the government is planning to set up a state-run carrier of carriers for Internet access.See more at http://www.telegeography.com/products/commsupdate/articles/2013/05/01/mexicos-telecom-reform-bill-gains-congressional-approval/?utm_source=CommsUpdate&utm_campaign=f7ae83b5c4-CommsUpdate+01+May+2013&utm_medium=email&utm_term=0_0688983330-f7ae83b5c4-8857329

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