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

Mexico City street homelessness

Mexico City street homelessness is bigger than you think

CDMX’s registry counts 2,878 people living on the streets, concentrated in Cuauhtémoc, as officials revise...
Cerro de los Picachos

Cerro de los Picachos is the mountain San Miguel depends on

Cerro de los Picachos anchors water capture and wildlife near San Miguel de Allende, sparking...
Playa del Carmen occupancy

Playa del Carmen occupancy starts hot for Guadalupe-Reyes

Playa del Carmen opened the holiday stretch at 85% occupancy and launched a Guadalupe–Reyes security...
Los Cabos trash complaints

Los Cabos trash complaints hit the resort image hard

Hoteliers say dirty streets and trash are now tourists’ top gripe in Los Cabos, pushing...