By Noel Randewich
MEXICO CITY, June 22 (Reuters) - Mexico is taking steps against near-monopolies that the government blames for stunting the nation's growth, but it hasn't been easy to wrest control from some big companies.
Dominating Mexico's television industry is tycoon Emilio Azcarraga's Televisa (TLVACPO.MX)(TV.N), which has a 70 percent share of audiences and owns the country's largest cable operators and a satellite operator. Rival TV Azteca (TVAZTCACPO.MX) controls most of the rest of the television market.
And Mexicans joke that it is difficult to go a day without putting money in the pocket of Carlos Slim, who owns the nation's largest telephone operators as well as stores, restaurants, a cigarette maker, an airline, and construction companies that build and manage toll roads.
Last month, President Felipe Calderon announced that Mexico's state power utility would find a private operator to manage a new telecom backbone, piggy-backed on its nationwide fiber optic network.
Ruin-Nation
11 months ago
Posts
