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General

Mexico telecoms sector grew four times faster than GDP in Q3

Thursday 3 December 2015 | 14:27 CET | News
Mexico's telecommunications sector posted a 10.6 percent increase in third quarter of the year, quadrupling the country's GDP growth rate of 2.6 percent, according to a report from communications regulator IFT. The sector has grown significantly since the country implemented its reform of the Telecoms Act in 2013, this year's figure contrasting favourably with the 4.6 percent year-on-year increase posted in Q3 2014. Telecommunications accounts for 91 percent of the "mass information" sector, also including TV and radio, film and publishing, which grew by 9.3 percent in the quarter.

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Categories: General
Companies: IFT
Countries: Mexico
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