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

Malecón sales slump

Puerto Vallarta Shops Face 30% Sales Drop As Tourism Struggles

Canaco-Servytur says Puerto Vallarta businesses saw sales fall about 30% after February 22 security incidents...
Profepa Closes Work Sites to Protect Vallarta Turtle

Profepa Closes Work Sites to Protect Vallarta Turtle

Profepa ordered temporary closures on two Puerto Vallarta properties after finding work affecting a nesting...
puerto vallarta airport

Puerto Vallarta Airport Recovery Claim Meets Weak Data

Puerto Vallarta airport traffic fell sharply in April, even as officials point to new routes...
Why Mexico Rejected a Major Cruise Tourism Project in Quintana Roo

Why Mexico Rejected a Major Cruise Tourism Project in Quintana Roo

Mexico rejected Royal Caribbean’s Mahahual project after environmental review and public opposition raised questions about...