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IFT approves Telmex and Telnor statutes ahead of separation

Thursday 22 November 2018 | 14:27 CET | News
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Mexico's telecom regulator IFT has approved the final statutes of the wholesale companies that will emerge from the functional separation of America Movil's fixed-line Telmex and Telnor units. In a statement, the watchdog said the resulting wholesale companies – UTM and Umnor – will have separate decision-making, administrative and corporate governance bodies with a view to guaranteeing their operational independence when they're finally spun off from America Movil in 2020.

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