Mexico’s telecom regulator, Cofetel, has approved a proposal for “the first auction of television frequencies in the history of the country.” The auction will sell two new nationwide broadcast television channels. Cofetel reasoned that the channels will provide greater consumer choice and increase competition in the television market, in which Televisa and TV Azteca have a combined share of 95 percent.
What remains unsettled is when the auction will take place, and if Televisa and TV Azteca would be allowed to bid in the auction. The final terms of the auction will be determined by both Cofetel and Cofeco, Mexico’s antitrust regulator.
Full content: Chicago Tribune
Related content: Two-Sided Telecom Markets and the Unintended Consequences of Business Strategy (Leonard Haverman, Haskayne School of Business, University of Calgary)
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