Puerto Vallarta and Mexico News

Puerto Vallarta and Mexico News

Mexico Wants State-Owned Mobile Network – End Slim Monopoly

Mexico has received its first bid from a consortium to build a $10 billion state-owned mobile network, a linchpin of efforts to break the hold of Carlos Slim's America Movil on telecom services.

Telecom equipment makers Alcatel-Lucent and Ericsson helped the consortium craft the proposal submitted to the government, four sources said.

Mexico's government, which estimates that the network will require an investment of about $10 billion over 10 years, wants to pick a winner in mid-2015, two sources said.

If the consortium's bid wins, those companies could be key suppliers of mobile antennae . . .

Read Full Story

Related Posts

Mexican peso appreciates

Mexican Peso Hits One-Month High Against the Dollar

The Mexican peso reached its strongest level in a month against the dollar, giving travelers...
BCS government keeps talks open with Los Cabos tourist transport operators

BCS government keeps talks open with Los Cabos tourist transport operators

BCS says talks remain open with Los Cabos tourist transport operators as QR rules, permits...
U.S. orders review of Mexico’s 53 consulates

U.S. orders review of Mexico’s 53 consulates

A U.S. review of Mexico’s 53 consulates could affect services used by Mexican citizens and...

Puerto Vallarta Airport Sees Sharper Air Travel Drop

Puerto Vallarta airport logged a third month of falling international passengers, raising questions about air...