Golden Globes 2025: France's 'Emilia Pérez' wins big, as 'The Brutalist' nabs major awards    Congo executes 102 'urban bandits' with 70 more set to be killed, officials say    Alabama nursing student wins Miss America 2025    New York first US city to have congestion charge    Israeli soldiers face growing risk of arrest abroad after Gaza service    Demi Moore continues comeback with Golden Globe win    Chinese nationals arrested with gold bars and $800,000 cash in DR Congo    Body of missing Indian journalist found in septic tank    Dakar and CATRION team up to elevate catering experience at Dakar Rally Saudi Arabia 2025    Projected funding needs for 2025 estimated at SR139 billion as per annual borrowing plan    60 trucks cross to Jordan in first convoy of Saudi Relief Land Bridge for Syria    Elon Musk confirms Starlink application to launch internet services in Pakistan    Elm enhances brand identity by introducing 'Human, Ambition and Technology' elements The move comes as part of the company's efforts to position itself as a leader in digital landscape, further establishing KSA's presence in global digital economies    Bahrain stage dramatic comeback to defeat Oman and claim Khaleeji Zain 26 title    GASTAT: Per capita water consumption falls by 10%, reaching 102 liters per day, in 2023    KSrelief delegation carries out field visits to Syrian hospitals; meets UNHCR officials Saudi Arabia opens door to volunteering in over 20 medical specialties to support Syria    Red alert issued in Jeddah as NMC forecasts heavy rain on Monday    AC Milan beats Juventus 2-1 to reach Supercoppa final against Inter    Ronaldo eyes AFC Champions League glory with Al Nassr    Meghan announces new Netflix lifestyle show    Order vs. Morality: Lessons from New York's 1977 Blackout    India puts blockbuster Pakistani film on hold    The Vikings and the Islamic world    Filipino pilgrim's incredible evolution from an enemy of Islam to its staunch advocate    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Mexico tycoons fight over TV, phone markets
Published in The Saudi Gazette on 05 - 03 - 2011

MEXICO CITY: Tensions are rising between the world's richest man Carlos Slim and two other Mexican billionaires over control of TV and telephone markets in the most populous Spanish-speaking country.
More than 20 Mexican telephone and cable operators Wednesday asked the government to regulate the fees charged by Slim's dominant Telcel mobile operator to connect to its networks, setting off accusations on all sides.
Telecoms tycoon Slim is facing off against Emilio Azcarraga, head of Televisa, the world's largest Spanish-speaking television empire, and Ricardo Salinas, owner of only the second television network in Mexico, TV Azteca.
Televisa and TV Azteca have both launched competitive bundled “triple-play” – TV, Internet, and telephone – services and are starting to encroach on territory traditionally held by Slim.
But authorities have so far prevented Slim, whose Telmex is Mexico's number one fixed line company and whose Telcel dominates the mobile market, from offering television services. A string of related disputes are now simmering.
In recent weeks, several of Slim's companies stopped advertising on Televisa in a disagreement over rates.
TV Azteca, Mexico's second broadcaster, then refused advertising space to Slim's companies unless Telcel offered lower interconnection rates to the phone companies of Salinas, a move Slim's spokesman likened to “blackmail.”
Mexico's Federal Competition Commission (CFC) said the dispute was an opportunity to try to resolve notoriously high rates in the telecoms industry and to seek more competition in television services.
The telephone operators, citing CFC figures, said Wednesday that if the government intervened to lower interconnection charges customers could save around 73.5 billion pesos (about $billion).


Clic here to read the story from its source.