Puerto Vallarta and Mexico News

Puerto Vallarta and Mexico 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

Mexico tourism grows 2025

Tourism revenue falls in March even as international arrivals rise

Mexico saw more international tourists in March, but lower air traveler spending pulled total tourism...

Michelin Expansion Shows Mexico’s Food Tourism Bet

Michelin’s 2026 Mexico expansion adds Jalisco, Yucatán and Puebla, showing how food is becoming a...
Mexican economy weakens

Mexico Cuts 2026 Growth Forecast Despite Big Plan

Mexico lowered its 2026 GDP forecast to 2.3%, even as officials push Plan México’s investment...
Puerto Vallarta tourism is recovering quickly, state tourism chief says

Puerto Vallarta tourism is recovering quickly, state tourism chief says

Jalisco says Puerto Vallarta tourism is recovering after February security shocks, though airport traffic remains...