Puerto Vallarta News

Puerto Vallarta 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

puerto vallarta potholes

Puerto Vallarta pothole repair plan set for Jan–Mar

Mayor Luis Ernesto Munguía says a citywide pothole master plan, with monthly priorities for Jan–Mar,...
Charco del Ingenio lines up nature workshops this weekend

Charco del Ingenio lines up nature workshops this weekend in San Miguel

Charco del Ingenio invites visitors Jan. 16–17 with a free cactus workshop, an open science...
Los Cabos launches free Mexican Sign Language courses

Los Cabos launches free Mexican Sign Language courses

IMDIS Los Cabos will offer free Mexican Sign Language courses this winter, with Level 1...
Puerto Vallarta set for International Charro Championship

Puerto Vallarta set for International Charro Championship

Puerto Vallarta hosts the International Charro Championship Jan 29–Feb 1, 2026, bringing elite teams and...