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Mexico senate passes new telecom regulations

A man shows a picture on his phone of Mexican President Enrique Pena Nieto as he arrives for his inauguration ceremony at the Congress in Mexico City on December 1, 2012Mexico’s senate adopted an ambitious telecommunications reform package Saturday aimed at blocking monopolies in television, mobile phones and high-speed Internet. It creates regulations enacting a constitutional reform adopted in May 2013 and so far will mainly impact television giant Televisa and the telephone empire of billionaire Carlos Slim, which will each have to open space for competition.

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