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

Chihuahua Wins Vallarta Food Contest as Latvia Shines

Chihuahua Wins Vallarta Food Contest as Latvia Shines

Chihuahua won the new Sabores del Mundo contest at Puerto Vallarta’s folklore festival, with Latvia...
Attempted ATM theft inside a Playa del Carmen hotel

Men Disguised as Workers Fail to Steal Playa del Carmen Hotel ATM

Men dressed as construction workers tried to remove an ATM from a Playa del Carmen...
Drought expands to 15.4 percent of Mexico

Drought expands to 15.4 percent of Mexico

Drought-affected areas in Mexico rose to 15.4% as heat and dry weather spread, with below-average...
Los Cabos Agrees to Sierra Inspection After Outcry

Los Cabos Agrees to Sierra Inspection After Outcry

Los Cabos officials say no construction permits exist for Sierra de la Laguna and agreed...