In a defeat for Mexican mogul Carlos Slim’s America Movil, the country’s Supreme Court ruled on Wednesday that the company must allow competitors to use its network and infrastructure, essentially holding up aspects of the 2014 telecoms reform.
The court said the obligation imposed by the reform on America Movil, Mexico’s largest telecommunications firm, to lend interconnection services to competitors does not violate its rights.
The constitutional decree itself recognized that there are certain obligations that are imposed on the preponderant economic agent, which will expire once there are conditions of real competition in the market,” it said.
The case was originally filed by America Movil’s Telmex unit.
Full Content: Reuters
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