Puerto Vallarta News

Puerto Vallarta News

Carlos Slim Fined $3.7 Million Dollars for Monopolistic Practices

Mexico's telecommunications regulator said on Tuesday it had fined America Movil's fixed-line unit, Telmex, 49.3 million pesos ($3.67 million) for monopolistic behavior to try to displace competitor Axtel.

The Federal Telecommunications Institute (IFT), the regulator created under a new law last year, said Telmex ignored requests from Axtel to interconnect with its network and did not provide information about its infrastructure when asked.

Telmex also played recorded messages on long-distance calls made by Axtel customers using Telmex's network saying that their service could be cut off, a strategy designed to reduce demand for . . .

Read Full Story

Related Posts

San José del Cabo Sashimi Fest 2026 eyes Guinness record

San José del Cabo Sashimi Fest 2026 eyes Guinness record

Sashimi Fest 2026 joins San José del Cabo’s fiestas and targets a Guinness record for...
Why So Many Americans Abroad Refuse to Call Themselves Immigrants

Why So Many Americans Abroad Refuse to Call Themselves Immigrants

For many Americans overseas, “expat” is the polite escape hatch from the uncomfortable reality of...
daily trash collection

Puerto Vallarta garbage collection service restored

After an agreement between City Hall and Red Ambiental, Puerto Vallarta says garbage pickup is...
Expats Allege Fraud at Luxury Home Development in Los Cabos

Expats Allege Fraud at Luxury Home Development in Los Cabos

Foreign residents in a Los Cabos luxury community say their costly homes were delivered with...