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

Los Cabos kite festival doubles as family classroom

Los Cabos kite festival doubles as family classroom

DIF Los Cabos says the ninth Dibufestival del Papalote turned Playa El Tule into a...

Mexico Sets Hurricane Protocol Talks for 2026 Season

Mexico will define 2026 rain and hurricane response protocols in Veracruz this week, with forecasts...
Pressure continues to shut down Punta de Mita development

Pressure continues to shut down Punta de Mita development

A dispute over construction at Playa Las Cocinas keeps growing as residents push for a...

Man tied to big-cat case is arrested in Vallarta

Federal agents arrested a man tied to a Vallarta biodiversity case linked to a previously...