Puerto Vallarta News

Puerto Vallarta News

China Telecom Could Be TelCel’s Next Competitor

The company is seeking local partners to join it in a consortium, three people with knowledge of the matter said.

It has already secured up to several billion dollars of financing from Chinese state-controlled banks, including the China Development Bank, for the project, which Mexico estimates will cost $10 billion over 10 years, one of the people said.

The proposed network is part of a sweeping reform designed to break billionaire Carlos Slim's hold on the Mexican telecoms business, but the Chinese involvement could prove controversial and trigger concerns from the U.S., some Mexican officials say.

Mexico . . .

Read Full Story

Related Posts

Cancun news today

Today’s news roundup in Cancún (Jan. 20, 2026)

A quick, clear look at the stories shaping Cancún today—from safety and tourism to city...
Los Cabos news today

Los Cabos today daily news roundup for January 20, 2026

Los Cabos on Jan. 20, 2026: fire response in Cabo San Lucas, road repairs, gas...
San Miguel news today

Today’s news roundup in San Miguel de Allende (Jan. 20, 2026)

San Miguel eases water-bill surcharges, adds a new fire truck, pushes back on a golf...
Puerto-Vallarta-Malecon

Today’s news roundup in Puerto Vallarta – January 20, 2026

Protests clogged Medina Ascencio, two investigations shook the city, and water outages hit Ixtapa. Here’s...