Puerto Vallarta and Mexico News

Puerto Vallarta and Mexico News

China Telecom Could Be TelCel’s Next Competitor

The company is seeking local partners to join it in a consortium, three people with knowledge of the matter said.

It has already secured up to several billion dollars of financing from Chinese state-controlled banks, including the China Development Bank, for the project, which Mexico estimates will cost $10 billion over 10 years, one of the people said.

The proposed network is part of a sweeping reform designed to break billionaire Carlos Slim's hold on the Mexican telecoms business, but the Chinese involvement could prove controversial and trigger concerns from the U.S., some Mexican officials say.

Mexico . . .

Read Full Story

Related Posts

Navigator of the Seas cruise ship

Navigator of the Seas docked in Puerto Vallarta as cruise calls continue

Navigator of the Seas docked in Puerto Vallarta as cruise calls continued, offering a visible...
morning coffee news

Puerto Vallarta Morning Coffee News for March 13, 2026

Puerto Vallarta wakes to long-weekend tourism pressure, a cruise call, beach and health alerts, and...
Puerto Vallarta events to experience this holiday weekend

Puerto Vallarta events to experience this holiday weekend

Puerto Vallarta enters the March holiday weekend with beachside jazz, raicilla tastings, queer nightlife, micheladas,...
Marina Vallarta Golf marks 37 years with Charity Classic

Marina Vallarta Golf marks 37 years with Charity Classic

Marina Vallarta Golf Course marks its 37th anniversary on March 14 with a charity tournament...