Mexican regulator the IFT has requested that America Movil (NYSE:AMX)-owned fixed-line incumbent Telmex gives rivals access to the last mile of its phone network.
In a statement, the telecoms watchdog said that the dominant player has 60 days to submit…
Mexican regulator the IFT has requested that America Movil (NYSE:AMX)-owned fixed-line incumbent Telmex gives rivals access to the last mile of its phone network.
In a statement, the telecoms watchdog said that the dominant player has 60 days to submit its proposed service offering, adding that the resolution is aimed at removing barriers to competition and supporting new market entrants.
The regulator pointed out that the local loop unbundling is a widely-accepted regulatory tool which is also implemented in the other markets such as the UK, Spain, France, Italy, Portugal and Brazil.
The IFT also solved a number of interconnection disputes among telecoms operators related to traffic termination charges for both fixed and mobile networks.
AMX controls approximately 70% of the domestic mobile market and 80% of the fixed-line segment.
As part of last year’s telecoms reform aimed at loosening its grip on the market and fuelling competition, the company inked network sharing agreements with Axtel, Iusacell, Telecomunicaciones 360, and Maxcom, and spun off its tower unit, Telesites, which comprises 10,800 towers and other passive infrastructure used by its wireless subsidiary Telcel.