By: Forbes Real Time
April 01, 2013 at 17:29 PM EDT
U.S. Government Puts Pressure On Carlos Slim, Mexico's Telecom Sector To Open Up To Competition
In an unusually direct report, the U.S. government said that “enhancing competition in Mexico’s telecommunications sector continues to be a challenge.” The Office of the U.S. Trade Representative’s new 2013 National Trade Estimate Reports on Foreign Trade Barriers points out that telecom tycoon Carlos Slim’s America Movil (NYSE:AMX), the parent company of wireless carrier Telcel and wireline carrier Telmex, “dominates both the fixed and mobile segments of the Mexican telecommunications market .”
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