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Latin American Economy & Business - March 2015 (ISSN 1741-7430)

Mexico: Big shake up – or same old programmes?

It looked audacious and ambitious. President Enrique Peña Nieto’s telecoms and broadcasting reforms set out to shake up Mexico’s entrenched oligopolies, challenging the power of Carlos Slim in telephony and chipping away at the dominant position of the Azcárraga family (owners of the Televisa network) in television. In telephony, the changes have indeed encouraged AT&T of the US to come into the local market and challenge Slim’s América Móvil. In television, the regulator has just announced the award of two new nationwide terrestrial licences. But this long-awaited and apparently radical move may turn out to be much less earth-shattering than was hoped by some, or feared by others.

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