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IFT approves Telmex separation, America Movil to appeal

Tuesday 6 March 2018 | 11:03 CET | News
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Mexico's telecom regulator IFT has approved a plan to separate America Movil's fixed-line Telmex and Telnor units as part of antitrust measures against the company. Creating a separate wholesale unit will allow Telmex to re-invest proceeds from line rentals in infrastructure upgrades, said the IFT. The company now has two years to carry out the functional separation of its retail and wholesale fixed-line businesses and will have to present an asset and debt transfer plan during that time, added the regulator in a statement.

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