America Movil biz unit fined $3.7 mn for trying to displace rival Axtel

Mexico telecom regulator has fined Telmex, the fixed line business of America Movil, $3.67 million or 49.3 million pesos for monopolistic behavior to try to displace competitor Axtel.

The Federal Telecommunications Institute (IFT), the telecom regulator created under a new law last year, said that Telmex ignored several requests from Axtel to interconnect with its network and did not provide information about its infrastructure when asked.

Reuters reported that Telmex also played recorded messages on long-distance calls made by Axtel customers using Telmex’s network saying that their service could be cut off, a strategy designed to reduce demand for Axtel services.

Recently, Reuters reported that Telefonica, the Spanish telecom major, which has a strong presence in Mexico, is considering a business agreement with Grupo Televisa, a leader in the broadcast TV industry in Mexico.

editor@telecomlead.com

0 0 votes
Article Rating
Subscribe
Notify of
guest
0 Comments
Oldest
Newest Most Voted

Latest

More like this
Related

Zain Group Revenue Hits $3.71 bn as 5G, AI and Data Drive 51.9 mn Customer Business

Zain Group reported strong growth in the first half...

Australia Telecom Revenue to Reach $22.5 bn by 2030 as 5G, Mobile Data and Fiber Drive Growth

Australia’s telecom and pay-TV services market is forecast to...

TRAI Launches Revamped MyCall App to Improve Voice Call Quality with 1-5 Star Ratings and Real-Time Consumer Feedback

Telecom Regulatory Authority of India (TRAI) has launched a...

TELUS Q2 2026 Revenue Hits $4.4 bn as Mobile ARPU Reaches $56.36; Capex Targets PureFibre and AI Data Centres

TELUS reported consolidated service revenue of $4.4 billion for...