Court orders Marcatel to pay Telmex MXN 1.8 bln debt

Thursday 12 May 2011 | 16:25 CET | News
Mexican fixed-line operator Telmex announced that market competitor Marcatel will have to pay a debt of MXN 1.803 billion (approximately USD 154 million) after its attempt to appeal the payment was dismissed in court. According to a Telmex statement, Marcatel should pay a debt dating back to February 2008 after a court rejected its final appeal. Telmex claims Marcatel failed to pay the full amount owed for connecting to the network of Telefonos del Noreste, a Telmex subsidiary.

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Categories: Fixed
Companies: Marcatel / Telmex
Countries: Mexico
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