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

Mexico moves to reassure travelers with fast-response tourism campaign after security concerns

Mexico moves to reassure travelers with fast-response tourism campaign after security concerns

Mexico is targeting U.S. and Canadian travelers with a fast-response tourism campaign after security concerns...
German diver rescued after emergency near Cabo Arch

German diver rescued after emergency near Cabo Arch

Navy crews rescued and stabilized a 55-year-old German diver after a suspected pulmonary emergency near...
Puerto Vallarta Says Hotel Bookings Hold Steady

Puerto Vallarta Says Hotel Bookings Hold Steady

Puerto Vallarta says hotel cancellations have not surged after February violence, though short-term rentals slipped...
Oil, gas and the dollar rise as volatility returns

Peso slips as oil and dollar rise on conflict signals

Oil and gas climbed and the dollar strengthened as Middle East headlines revived risk-off trading,...