0
Wireless

Watchdog revokes USD 1 bln fine against Telcel

Thursday 3 May 2012 | 19:47 CET | News
Mexican mobile operator Telcel has been notified of a resolution issued by the Mexican antitrust agency Cofeco that revokes the fine of MXN 11.9 billion (approximately USD 1 billion) against the operator, parent company America Movil reported. Back in April 2011, the Mexican Federal Antitrust Commission (Comision Federal de Competencia) fined Telcel for alleged monopolistic practices in the mobile termination market.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



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

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Mexican regulator to review revoked MXN 12 bln Telcel fine

Published 08 Jun 2015 12:10 CET | Mexico
Mexico's Federal Telecommunications Institute (IFT) has announced that it will be reviewing the 2012 decision to revoke a fine of ...

Mexico court ratifies MXN 1.8 mln fine on Nextel

Published 12 Aug 2013 08:32 CET | Mexico
Mexico's 18th Collegiate Court on Administrative Matters of the Federal District has ratified a MXN 1.8 million fine on Nextel, ...

Mexican watchdog sues Telmex over illegal charges

Published 01 Apr 2013 07:53 CET | Mexico
Mexico's consumer protection agency Profeco has filed a lawsuit against fixed-line operator Telmex for making illegal charges. ...

America Movil bids to raise share in KPN to 28%

Published 08 May 2012 09:22 CET | Netherlands
America Movil wants to raise its 4.8 percent stake in Dutch operator KPN to 28 percent. The Mexican company, owned by billionaire ...

Canitec urges competition watchdog to ratify Telcel fine

Published 26 Apr 2012 09:57 CET | Mexico
Mexican cable TV operators' association Canitec has urged Mexico's competition watchdog CFC to ratify the decision to impose a ...

Mexico court decision to help America Movil avoid USD 1 bln

Published 13 Dec 2011 11:21 CET | Mexico
Mexico's Supreme Court has dismissed a motion by the head of Mexico's anti-trust watchdog Eduardo Perez Motta to let him ...

Telcel, Telefonica face fine for breaching portability rules

Published 03 Oct 2011 09:49 CET | Mexico
Mexican telecoms regulator Cofetel has instructed Mexico's Communications and Transport Ministry (Secretaria de Communicaciones y ...

Mexico antitrust head dissents recusal on Telcel appeal

Published 05 Jul 2011 06:52 CET | Mexico
The head of Mexico's antitrust authority disagrees with the Federal Competition Commission's recent decision to recuse him from ...

America Movil USD 1 bln fine on hold

Published 09 Jun 2011 11:10 CET | Mexico
The USD 1 billion fine against America Movil's Telcel unit has been put on hold while Mexico's competition watchdog considers an ...

Telmex fined again for refusing interconnection

Published 02 Jun 2011 07:02 CET | Mexico
Mexico's antitrust regulator CFC has imposed a fine of MXN 91.5 million (approximately USD 7.8 million) on Mexican fixed-line ...

Telcel says CFC USD 1 bln fine is illegal

Published 27 Apr 2011 18:51 CET | Mexico
America Movil's Mexican mobile unit Telcel considers the fine imposed by competition watchdog CFC as illegal, arbitrary, ...

Mexican competition watchdog explains Telcel fine

Published 27 Apr 2011 18:28 CET | Mexico
Mexican competition watchdog Federal Competition Commission (CFC)has confirmed that it has fined America Movil's mobile unit ...

America Movil to appeal USD 1 bln fine

Published 19 Apr 2011 13:59 CET | Mexico
America Movil is preparing to appeal the record USD 1 billion fine it recently received in Mexico. America Movil has been ordered ...

America Movil fined USD 1 bln for monopoly practices

Published 16 Apr 2011 10:50 CET | Mexico
America Movil announced it has been ordered to pay a MXN 11.99 billion (approximately USD 1 billion) fine by Mexican competition ...





Calendar   /   Industry Events

19 Oct Arm DevSummit
20 Oct Verizon Q3 2021
20 Oct Crown Castle Q3
20 Oct Elisa Q3 results
20 Oct Bango strategy day
20 Oct Samsung Unpacked Part 2
21 Oct Digi Q3 2021
21 Oct Grameenphone Q3 2021
21 Oct AT&T Q3 2021
21 Oct Intel Q3
21 Oct Telia Q3 results
21 Oct Snap Q3
21 Oct Telenor Q3 2021
21 Oct Orange Belgium Q3 2021
22 Oct Doro Q3 results
25 Oct Facebook Q3
25 Oct Dtac Q3 2021
25 Oct Calix Q3 2021
26 Oct Siminn Q3 2021
26 Oct F5 Networks fiscal Q4
26 Oct SK hynix Q3
26 Oct Orange group Q3 2021
26 Oct MediaTek Q3
26 Oct Microsoft fiscal Q1
26 Oct Twitter Q3 2021
26 Oct KPN Q3 2021
26 Oct Alphabet Q3 2021
26 Oct Digital Realty Q3
26 Oct Cabsat
26 Oct MWC Los Angeles
::: More Calendar Items