Puerto Vallarta News

Puerto Vallarta 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

San Miguel Christmas caravan

San Miguel Christmas caravan to tour neighborhoods Saturday

Firefighters and paramedics team with The Mob Wagen for a Dec. 20 caravan through San...
Mexican deportations count

Mexican deportations count hits 145,537 in 2025

Segob says 145,537 Mexicans were deported from the U.S. since Jan. 20, and nearly 100,000...
RESET New Year party

Cancún announces RESET New Year party on the beach

RESET lands in Cancún’s Hotel Zone on Dec. 31 with beachfront DJs, VIP tables, and...
Buen Provecho in Mexico

Buen Provecho in Mexico: Why It Matters at the Table

In Mexico, “buen provecho” isn’t small talk. It’s a quick way to show respect, share...