By Nathaniel Parish Flannery, Contributor
Mexico’s new telecom reform should give the country’s business owners something to cheer about. After Mexico’s July 1 2012 election, I watched a mob of spirited protesters march through downtown Mexico City. They shouted their discontent with the country’s newly elected president and condemned Mexico’s broadcast giant Televisa, saying it had unfairly influenced the result of the election. In an article I wrote in September, 2012 I explained “In the end, the controversy did not ruin [Enrique] Peña Nieto’s presidential bid, but it did cause problems for Televisa. The complaints about Televisa’s monopoly power in the television market came at a delicate time, just as Televisa was seeking approval to expand into the country’s telecom sector, an area of the economy that has been dominated by Mexican billionaire Carlos Slim since the 1980s, when he won control of the state-owned telecom monopoly during a PRI-led push for privatization.” …read more
Source: FULL ARTICLE at Forbes Latest