Mexico’s New Telecom Laws Expected to Pass Next Week

Mexico s Senate on Friday gave its general approval to legislation needed to implement a reform of the phone and TV markets that seeks to rein in telecoms tycoon Carlos Slim and broadcaster Televisa.

The senate voted 80 to 37 to approve the bill in its general terms but opposition senators reserved dozens of articles for further debate that was expected to stretch into the night.

Lawmakers from the ruling Institutional Revolutionary Party (PRI) appeared to have enough votes with their allies to overcome objections from opposition senators.

Once through the Senate the bill will pass to the lower house . . .