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 . . .