Mexican regulator asks Telmex to reduce its prices, Reforma says

Bloomberg | January 18, 2011 | Giselle Rodriguez

Mexico’s Federal Telecommunications Commission asked Teléfonos de México SAB de CV to further reduce prices for basic services, Reforma reported, citing Mony de Swaan, president of the regulatory agency known as Cofetel.

If no agreement is reached, the Communications Ministry will determine the final prices in April, the newspaper added.

Telmex, as the company is known…..

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