Glory days could be over for Slim and America Movil

Mexican billionaire Carlos Slim had very little fun on April Fool’s Day last week when the telecoms reform bill which falls under the Pact for Mexico came to ahead which is threatening to cut down the massive 70% share for Telcel and 90% for Telmex to a maximum of 50% in the mobile and fixed line telecoms sectors.

The week did not start well with a law suit against Telmex from the Mexican consumer protection agency Profeco who states that users are being charged 10.40 pesos (US $0.84) every month for data protection service which is a constitutional right plus Telmex users are demanding refunds dating back to 1st March 2012.

Before this, Telcel along with Iusacell and Unefón came out the worst in an evaluation of the quality of mobile services, messaging and internet and Cofetel, Mexico’s telecoms regulator, proposed starting sanction proceedings against 4 major operators including Telcel for preventing prepaid users from exercising their right to port their numbers.

With previous major loopholes in the Mexican legal system which have allowed Slim and his telecom giant America Movil (incorporating Telcel and Telmex) to dodge numerous rulings, this all seems to be changing – and fast. After years of lawsuits and battles, in under six months the sector will most likely see the most radical change in the past two decades and Slim’s unchallenged dominance in the market finally checked.

With the importance of government ruling and the need for regulators ever growing across the telecoms sector in Latin America, Broadband Latin America 2013 will encompass ‘The Role of the Regulator’ across the two days of the show. With a special keynote speech from Eduardo Levy, Executive President, Sinditelebrasil who will talk about legislation and the governments input in using telecoms to boost the economy as well as a senior representative from Anatel and Jose Juan Haro, Regulation and Wholesale Director, Telefonica Latin America who will talk about ‘Investment and Regulatory Challenges to maintain a the growth of mobile broadband in Latin America’.

To view the current speaker line up visit: http://bit.ly/17ornHB

To download the event brochure visit: http://bit.ly/14TQXVh

Free operator passes are available for a limited time, get yours at http://bit.ly/XAJE2R

Or to register for a conference pass visit http://bit.ly/XAJGYy

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