IFT green lights new Telmex and Telnor proposals ahead of separation

News Broadband Mexico 21 JAN 2020
IFT green lights new Telmex and Telnor proposals ahead of separation

Mexico’s telecom regulator IFT has approved a proposal from America Movil’s fixed-line Telmex and Telnor units for their functional separation ahead of a 31 January deadline. In a statement, the watchdog said Telmex-Telnor proposed a series of adjustments aimed at strengthening the independence of personnel and the operation of the resulting wholesale companies. These were approved alongside other proposals regarding the transfer of personnel, one of the requirements of the 'Functional Separation Plan' to separate the units by the end of March.

The IFT ordered a “functional separation” of Telmex’s fixed line retail and wholesale divisions back in 2017 with a view to boosting competition in accordance with a 2014 ruling by the watchdog declaring America Movil a "dominant agent" in the telecommunications sector.

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