Latin America News (Aug 2014)
Mexico: Mexican telecom reform approved
Both the Mexican Senate and Chamber of Deputies approved the secondary laws on telecommunications and broadcasting. The upper house approved the bill 85 to 12 in favour while 340 votes in favour were reached by the deputies.
Mexico: América Móvil to spinoff Mexican towerco?
América Móvil is analysing how to restructure its businesses in Mexico to comply with the ongoing regulatory changes occurring in the country. As a result, the company has said it is planning a spinoff of its Mexican towers, potentially creating an operator-led towerco owning an estimated 28,000 towers in Mexico.