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America Movil told to continue with Telmex separation despite appeal

Friday 6 July 2018 | 10:18 CET | News
Mexico's telecom regulator IFT has ordered America Movil to continue with the process of separating its fixed-line Telmex and Telnor units in spite of the appeal lodged by the company. America Movil is allowed to challenge the order in court but is obliged to begin implementing the spin off, in accordance with a 2014 ruling by the IFT declaring it a "dominant agent" in the telecommunications sector. In the past week the watchdog has approved the statutes for the creation of two new telecommunication service companies – UTM and Umnor – arising from the separation.

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Categories: Fixed
Companies: America Movil / Telmex / Telnor
Countries: Mexico
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