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Mexico: Telco watchdog reports need for more resources

 |  October 21, 2013

As Mexico’s telecommunications market continues ongoing reformations, the nation’s new Federal Telecommunications Institute has reportedly asked for $234 million to perform its duties.

The watchdog, known as the IFT, reported that it took over more than 30 percent of the responsibilities regarding competition from the Federal Competition Commission since coming into operations.

According to the IFT’s chairman Gabriel Conteras Saldivar, the regulator is also facing insufficient resources, reporting an inheritance of 10 monitoring trucks from the now-defunct Federal Telecommunications Commission. The regulator said it needs at least 20 such trucks, reports said.

The watchdog’s claims came following a study recently published by Business Monitor International, which would that Mexico’s telco market has low penetration rates and a lack of competition considering America Movil’s market dominance.

Full content: Telecompaper and SBWire

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