Puerto Vallarta and Mexico News

Puerto Vallarta and Mexico News

Mexico postpones wholesale telecoms network bidding again

Mexico has postponed the bidding process for a planned wholesale telecommunications network by more than a month, the government said, in the latest upset to the project which has been plagued by delays since its inception.

In a statement on Friday evening, the Communications and Transport Ministry said proposals must now be submitted by Oct. 20, pushed back from the Sept. 8 deadline. The ministry said would-be bidders needed more time to secure financing for the project.

The venture, initially meant to be launched by 2014, is part of a telecommunications reform aimed at curbing the dominance of tycoon . . .

Read Full Story

Related Posts

Canadian Hells Angels suspect arrested in Cancún police operation

Canadian Hells Angels suspect arrested in Cancún police operation

Canadian fugitive Denis Ivziku was arrested in Cancún in an international case tied to alleged...
San Miguel Wins Global Award for Cleaner City Streets

San Miguel Wins Global Award for Cleaner City Streets

San Miguel de Allende earned the Escoba de Oro for cleaning, recycling and sustainability work...
Playa del Carmen Markets Could Become Tourist Stops

Playa del Carmen Markets Could Become Tourist Stops

Playa del Carmen named a market director and committee to improve four municipal markets and...
Mexico Tourism Revenue Tops $10B as Los Cabos Stays Key

Mexico Tourism Revenue Tops $10B as Los Cabos Stays Key

Mexico’s Q1 tourism revenue topped $10.2 billion as Los Cabos remained one of the country’s...