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 Business News | July 2006 
Gov’t Moves to Open Up Market
 Marla Dickerson - LATimes
Federal regulators have taken the boldest step yet to pry open the nation’s fixed-line telephone market to competition and loosen the grip of telecom giant Telmex, which has long enjoyed a near monopoly here.
An official with the Communications Secretariat said this week that the agency would craft regulations that would allow cable television companies to jump into the US$12-billion market, perhaps as soon as December.
The move is seen as a victory for consumers as well as the approximately 200 cable operators, some of which have spent millions of dollars upgrading their infrastructure for the chance to offer television, Internet and voice services in a package known in the industry as “triple play.”
Up to now, Mexican law has required the cable operators to team up with existing telephone companies to offer voice services, a barrier that has shut most out of that business in a market where Telmex controls 94 percent of the nation’s fixed lines.
“We could see prices drop by 30 percent or more,” said Alejandro. |
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