April 5, 2017 / 5:00 PM / a year ago

Mexico's Telmex says fined 5.3 million pesos for concession non-compliance

MEXICO CITY (Reuters) - Mexican mogul Carlos Slim’s fixed-line telephone firm Telmex said on Wednesday it had been fined 5.3 million pesos ($283,016) by Mexico’s telecoms regulator for failing to comply with the terms of its concession relating to public TV.

A man crosses a pedestrian bridge next to the headquarters of internet and fixed-line phone company Telmex, commercial brand of America Movil, in Mexico City, Mexico, March 9, 2017. REUTERS/Edgard Garrido

Telmex said it was studying the Federal Telecommunications Institute’s (IFT) decision and would appeal. The company said the IFT’s decision was based on non-compliance of its concession, in relation to deals signed with Dish and its affiliates.

Reporting by Alexandra Alper; Editing by Chizu Nomiyama

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below