Mexican telecoms regulator IFT has granted 12 “universal” commercial licenses for a full range of telecoms and TV services.The watchdog also approved seven concessions for non-commercial use and one for a civic a body to provide services to higher…
Mexican telecoms regulator IFT has granted 12 “universal” commercial licenses for a full range of telecoms and TV services.
The watchdog also approved seven concessions for non-commercial use and one for a civic a body to provide services to higher education institutions, it said in a statement.
The regulator did not disclose the names of the companies awarded the licences.
The new concessions are part of broader regulatory changes which the Mexican government implemented last year to curb the dominance of incumbent America Movil (AMX) and foster competition.
In order to comply with the telecoms reform, AMX is looking to divest some assets.
Earlier this month, the Carlos Slim-owned operator approved the spin-off of its tower unit, Telesites, which will comprise 10,800 towers and other passive infrastructure used by its wireless subsidiary Telcel.
The spin-off, due to be completed by July, will hold a net debt of Ps21bn.
The telco has also inked network sharing agreements with Axtel, Iusacell and Telecomunicaciones 360.
