The logo of broadcaster Televisa is pictured at its offices in Ciudad Juarez, Mexico. MEXICO CITY: Mexican broadcaster Televisa said on Sunday it will start offering mobile phone service, a bid to challenge billionaire Carlos Slim's America Movil, which has long dominated the country's telecommunications market.
"The pandemic made us accelerate our plans," Folch said."People will have to spend less on some services. ... We view it as an opportunity." Mexico has long fought to promote competition in telecommunications, even passing a constitutional reform in 2013 aimed at loosening Slim's grip on the market. Yet global telecoms titans such as AT&T and Telefonica have failed to meaningfully erode Slim's market share and America Movil still holds about two-thirds of mobile phone lines, according to statistics from Mexican telecom regulator IFT.
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