 | |
| Friday, Mar 07, 2014 06:30 PM PST | |
| Today's Entertainment - Reuters Celebrity/Gossip News Headlines - Yahoo News: | |
| | |
| Mexico telecoms regulator reins in Slim and his empire Friday, Mar 07, 2014 06:30 PM PST  By Tomas Sarmiento and Christine Murray MEXICO CITY (Reuters) - Mexico's telecommunications watchdog on Friday slapped regulations on Carlos Slim's telephone company America Movil and two of his financial and industrial companies, as it seeks to rein in the multi-billionaire and boost competition. Mexico is trying to open up its phone and TV industries following the passage last year of wide-ranging telecoms reform meant to claw back the vast market shares enjoyed by Mexico's media players. America Movil controls about 80 percent of Mexico's fixed-line business via its Telmex unit and some 70 percent of the mobile sector through its Telcel unit. As was widely expected, the Federal Telecommunications Institute (IFT) declared America Movil "dominant," meaning it has an outsized share of the market. Full Story | Top |
| Mexico regulator says Slim's America Movil dominant in telco Friday, Mar 07, 2014 03:12 PM PST MEXICO CITY (Reuters) - Mexican tycoon Carlos Slim's telecoms giant America Movil said on Friday it had been declared dominant in the telecoms sector by a new watchdog as widely expected, amid a government push to boost competition. Earlier in the day the regulator also declared as dominant in telecoms Slim's bank Inbursa and conglomerate Grupo Carso, which both have direct or indirect stakes in America Movil. It cited their "economic interests". Mexico is trying to spur competition in its tight-knit phone and TV industries through a wide-ranging telecoms overhaul passed last year. ... Full Story | Top |
| In twist, Mexico says non-telecom Slim firms dominate telecoms Friday, Mar 07, 2014 01:54 PM PST By Alexandra Alper and Tomas Sarmiento MEXICO CITY (Reuters) - Mexico's telecoms regulator on Friday declared two of billionaire Carlos Slim's major financial and industrial companies "dominant" in telecommunications, but has yet to slap the tag on Slim's flagship telecom company. It is widely expected that Slim's telecom company America Movil will be declared dominant, or having an outsized share in its market, although a spokesman said the company has not yet been notified. Mexico is trying to spur competition in its tight-knit phone and TV industries through a wide-ranging telecoms overhaul passed last year. The newly empowered Federal Telecommunications Institute (IFT) deemed Slim's bank Inbursa and conglomerate Grupo Carso, which both have direct or indirect stakes in America Movil, dominant in telecoms given their "economic interests," the companies said on Friday. Full Story | Top |
| 'Beethoven of Japan' apologizes for 'causing trouble with my lies' Thursday, Mar 06, 2014 10:08 PM PST By Elaine Lies TOKYO (Reuters) - A composer once known as the "Beethoven of Japan" said on Friday that tests had shown he was not legally deaf and apologized to people throughout the country for lying by using a ghost writer for his popular symphonies and other music. Mamoru Samuragochi, a classical musician who became known as an inspirational genius for composing music despite losing his hearing, bowed deeply before a packed news conference, his first public appearance since the scandal broke last month. A statement distributed to reporters said hearing tests had shown that while Samuragochi's hearing was impaired, it did not meet the requirements for legal deafness. "Hearing conversations is extremely difficult and I still need an interpreter." German composer Ludwig van Beethoven began suffering hearing loss from about age 30 and withdrew from public performances while continuing to write music. Full Story | Top |
|
No comments:
Post a Comment