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Broadband

Mexican regulator fines Telmex MXN 657 million

Monday 10 November 2014 | 22:32 CET | News
Mexican fixed line operator Telmex has been fined MXN 657 million for monopolistic practices against rival operator Axtel, Terra reports. The fine was imposed by the country's Federal Telecommunications Institute (IFT). The IFT's decision cannot be appealed by the operator, according to the report. In September, the IFT had fined Telmex MXN 49.3 million for monopolistic practices. In its ruling, the regulator established that Telmex acted with the goal of setting obstacles to the operations of Axtel in the long distance market.

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Categories: Fixed
Companies: Axtel / IFT / Telmex
Countries: Mexico
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