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

El Cruce Draws 1,638 Swimmers to Cancun and Isla Mujeres

El Cruce Draws 1,638 Swimmers to Cancun and Isla Mujeres

El Cruce brought 1,638 swimmers from 21 countries to Cancun and Isla Mujeres, with the...
Cancun Teens Carve Their Way to State Sand Contest

Cancun Teens Carve Their Way to State Sand Contest

One Cancun teen team will represent Benito Juárez after winning the 2026 municipal sand sculpture...
Newborn Found Alive After Cancun Trash Container Rescue

Newborn Found Alive After Cancun Trash Container Rescue

A newborn was found alive in a trash container in Cancun’s Paraíso Maya area and...
CFE expands Playa del Carmen power supply capacity

CFE Plans Temporary Power Boost for Cancun Corridor

CFE plans two temporary 25 MW generators in Cancun to support the Riviera Maya grid...