Amends telecommunications law to allow more foreign investment
11 Jun 2013
By decree that entered into effect on 12 June 2013, Mexico permitted 100% foreign ownership in companies offering telecommunications services, including via satellite. Also, Mexico allowed up to 49% foreign ownership in radio and television broadcasting under the condition of reciprocity.
-
Type:
-
Entry and establishment (Ownership and control)
-
Industry:
-
Services (Telecommunications)
-
Sources:
-
Official Gazette (Diario Oficial), Decreto por el que se reforman y adicionan diversas disposiciones de los artículos 6o., 7o., 27, 28, 73, 78, 94 y 105 de la Constitución Política de los Estados Unidos Mexicanos, en materia de telecom, http://www.dof.gob.mx/nota_detalle.php?codigo=5301941&fecha=11/06/2013, 11 Jun 2013
-
Economist Intelligence Unit, Telecoms reform signed into law, http://viewswire.eiu.com/index.asp?layout=VWArticleVW3&article_id=1120598896®ion_id=440000444&refm=vwReg&page_title=Latest+analysis, 11 Jun 2013
