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Wireless

Mexico court decision to help America Movil avoid USD 1 bln

Tuesday 13 December 2011 | 11:21 CET | News
Mexico's Supreme Court has dismissed a motion by the head of Mexico's anti-trust watchdog Eduardo Perez Motta to let him participate in a vote by regulators to review America Movil's USD 1 billion fine, Reuters reports, citing court documents. Perez Motta's vote was seen as key to ensuring the fine would be upheld. His inability to participate in the decision might mean Slim's Mexican unit of America Movil will avoid the sanction. "This leaves a bad taste in the mouth because deep inside there are no legal reasons for this to happen the way it happened," Reforma reports, citing Perez Motta.

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Categories: Mobile & Wireless
Companies: America Movil / Telcel
Countries: Mexico
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