Mexico takes steps to increase TV, telecom competition

|By:, SA News Editor

Mexico's Federal Telecommunications Institute (IFT) is moving to boost competition in the telecom and broadcasting sectors and it is notifying companies that it considers to be dominant.

In a statement, IFT didn't mention names but it was most likely referring to America Movil (AMOV) in the telecom market and Televisa (TV) in the broadcasting sector.

The classification is important, as the IFT has new powers to break up dominant players, although the regulator has said in the past that such a move would be a last resort.

Instead, the agency is implementing other measures such as holding a tender for two new national broadcasters.

However, the IFT needs to wait for final legislation to be passed before it can fully move ahead with reform.