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Mexico readies bill to shake up telecoms, TV industries

Mexico's government is expected to submit bill on Monday to relaxation of telecom market and billionaire carlos slim stem at the top of the BBC's Televisa rules of waves, according to the draft copy of the file.
The bill would create a new, independent regulatory agencies, you can specify enterprises as the leading factor, impose more severe punishment, and even break the enterprise, in order to improve the competitiveness, obtained by Reuters, said the draft.
Competition planned legislation also will establish special courts to resolve the dispute.
Several Suggestions are put forward, the purpose is in the law of exercise, slim, the richest man in the world, have become accustomed to skirt the fines, and demand for cheaper competitors may access to the vast network of Latin America's second largest economy.
President enrique pena's management, which in December, a small group of from the top of the two opposition parties negotiate on behalf of the bill. He is expected to launch bill in event last week.
Slim control around 70% of Mexico's mobile phone market, about 80% of the fixed-line, via his mobile phone giant company America Movil (AMXL. MX) (AMX. N). , visa, control by media tycoon emilio Azcarraga, about 60% of the broadcasting market.
Their respective market, say economists, has controlled the mexicans services and prices are relatively high, delays, as an integral part of the country's productivity.
The bill could face a difficult road, in a divided congress, any one party holds a majority.
Opposition lawmakers expressed concern, final draft may not be as radical reform advocates have been for a long time. If the bill is seen as a soft, pena, Mr With the opposition by important energy and tax reform, it could undermine agreement this year.
"This seems to be good is true," one person involved in drafting the legislation congress, who declined to be named the nature of the six-party talks. "The devil in the details".
According to the legislation, Mr Slim's telecommunications companies may be defined as a market leader, and shall pay the so-called asymmetric regulation, can make its smaller rival, cheaper connection rate, and make the company to pay his opponent.
The agency "will be the frequency of the concentration limits of countries and regions," the document said. The voltage regulator ", will be ordered to divest assets, rights or need parts, to ensure that these limitations, "it added.
Both thin and, visa has to be able to use his political influence, hobbled attempts before reform. Before, he in July's election, pena, Mr Relationship, visa accused him of being grateful.
Although it may weaken the cultivate one's morality for telecom market, it also can set the stage, he to enter the pay-television market, in the face of opposition, visa, one of the major cable and satellite pay-tv company owns.
Advice included allowing foreign wholly owned company, at the same time improve the telecommunications company's television and radio broadcasts from 25% to 49% of the foreign ownership restrictions.
 



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