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

Three Kings parade

Three Kings parade brings San Miguel streets to life

San Miguel’s Cabalgata de Reyes Magos set off at 4:30 pm from El Cardo, ending...
San Miguel hair donations

San Miguel hair donations give cancer patients new wigs

San Miguel residents are cutting and donating hair to make wigs for women and girls...
Cabo January film series

Cabo January film series returns with weekly screenings

Cinema Vagabundo’s January slate in Cabo San Lucas runs every Thursday at Cerrito del Timbre,...
Ironman 70.3 Los Cabos

Ironman 70.3 Los Cabos return set for late April 2026

IRONMAN 70.3 returns to Los Cabos on April 26, 2026, bringing about 1,800 athletes and...