Tamaulipas

NEWS AND ANALYSIS JANUARY 30 - FEBRUARY 5, 2012

1 - OECD REPORT CRITICIZES PHONE INDUSTRY
2 - NEARLY $1 TRILLION LOST TO CORRUPTION AND CRIME
3 - POLITICAL CLASS FULLY ENGAGED IN FIGHT FOR POWER
4 - JUAREZ POLICE TAKE REFUGE IN HOTELS
5 - HUMAN RIGHTS ACTIVIST ATTACKED AGAIN
6 - ACTEAL ASSASSINS RELEASED FROM PRISON

A report issued this week by the Organization for Economic Cooperation and Development (OECD) criticized Mexico's telephone industry for monopoly pricing that overcharged consumers US$13.4 billion per year from 2005 to 2009, leaving many families unable to afford telephone or internet service. Carlos Slim, the world's richest man and owner of TelMex and America Móvil, rejected the report, accusing authors of "pulling data out of thin air." Slim's companies control about three-quarters of Mexico's telephone industry. The Mexican government commissioned the study as part of an ongoing battle between Slim and the National Action Party (PAN). Mexico's telephone industry generates over US$30 billion in sales per year, but the OECD report concluded companies missed out on an additional US$12.4 billion in sales because of high prices.

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