World News Insights
1-3 Minute Gist
Search, personalize, or simply browse. Follow the world around you from gist and context to insights.
Who we are | Our Credo | Ways of using Lyrarc | FAQ | Send Feedback | First Letter From the Editor
Sign up. It's free and easy to use
Create an account
to personalize your feed of articles and topics.
All Topics Article
Mexico’s Richest Man Confronts a New Foe: The State That Helped Make Him Rich
Increasing regulation on Mexico's telephone monopoly of America Movil, and Telmex, part of Carlos Slim's telephone business in Mexico. Mexico's three main parties have agreed to increase regulation on the monopoly to reduce the high charges paid by Mexico's telecom users. Estimates by OECD show Mexicans paying an extra $13 billion a year from 2005 to 2009 because of the monopoly and high prices. The administration of Pena Nieto made controlling telecom and other monopolies an important part of its program. To get an idea of the extent of the monopolistic control - 70 percent of the cellphone market and 65 percent of fixed lines are controlled by companies run by Slim. AT&T is now a competitor and is helping bring down high cellphone plan prices.
America Movil, Carlos Slim and Telefonos de Mexico
01/20/2009
Expansion in 18 countries of Latin America by Carlos Slim's America Movil, mobile telephone company. The mobile service now has 225 million customers in Latin America. It offers innovative solutions of prepaid cards for small amounts of money to serve a vast region with lower incomes, where credit cards are not widespread. The new strategy is to sell data services, live video streaming, in the same way, through prepaid cards of as low as $4 for 2 weeks of data service.
Grouped Articles
How Mexico Ended Political Gridlock
Wall Street Journal 08/15/2013
Mexico's Big Cellular Problem: Carlos Slim
BusinessWeek 05/27/2010
Slim Extends Grip in Brazil, Bidding to Lift Cable Share
Wall Street Journal 08/06/2010
Carlos Slim to Break Up Mexico's Leading Telecommunications Firm
Wall Street Journal 07/10/2014
Carlos Slim Sees Fat Profits on the Internet
BusinessWeek 03/31/2011
Monopolies in Mexico: Compete—or else
Economist 05/07/2011
America Movil strategies
07/10/2014
Grouped Articles
Carlos Slim to Break Up Mexico's Leading Telecommunications Firm
Wall Street Journal 07/10/2014
Mexico’s Richest Man Confronts a New Foe: The State That Helped Make Him Rich
The New York Times 08/09/2016
Telcel and Mexico's mobile phone market
05/07/2011
Grouped Articles
Monopolies in Mexico: Compete—or else
Economist 05/07/2011
Mexico’s economy: The cartel problem
Economist 08/27/2011
Mexico’s economy: Making the desert bloom
Economist 08/27/2011
Mexico’s Richest Man Confronts a New Foe: The State That Helped Make Him Rich
The New York Times 08/09/2016
The Mexico's Institute for Competitiveness- think tank focussed on improving competitiveness within the Mexican economy
05/27/2010
As much as an additional 2.5 percentage points of estimated growth could be generated in the Mexican economy by bringing competitive practices. This includes introducing competition and lowering prices in sectors ranging from telecom, transportation to banking. The most glaring example is the telecom monopoly in Mexico. Mexico's Competition Commission and the OECD study estimates about one third of Mexcan household purchases are made in monopolisic or oligopolistic sectors. Other areas for change to generate this additional growth are the oil sector, electricity, and labor laws. The Pact for Mexico signed by all of the major political parties is designed to make these changes after decades of slow GDP growth.
Grouped Articles
Mexico’s economy: The cartel problem
Economist 08/27/2011
How Mexico Ended Political Gridlock
Wall Street Journal 08/15/2013
Mexico's Big Cellular Problem: Carlos Slim
BusinessWeek 05/27/2010
New Rules to Reshape Telecom in Mexico
New York Times 03/07/2014
Bank of Mexico Surprises With a Cut in Its Interest Rate
Wall Street Journal 06/07/2014
Carlos Slim to Break Up Mexico's Leading Telecommunications Firm
Wall Street Journal 07/10/2014
New anti-monopoly laws introduced by Mexico's president Nieto in March 2013 to bring competition to the telecom sector
05/27/2010
Grouped Articles
Mexico’s economy: Making the desert bloom
Economist 08/27/2011
Mexico’s economy: The cartel problem
Economist 08/27/2011
How Mexico Ended Political Gridlock
Wall Street Journal 08/15/2013
Mexico's Big Cellular Problem: Carlos Slim
BusinessWeek 05/27/2010
New Rules to Reshape Telecom in Mexico
New York Times 03/07/2014
Carlos Slim to Break Up Mexico's Leading Telecommunications Firm
Wall Street Journal 07/10/2014
America Movil perfomance
07/10/2014
Grouped Articles
Carlos Slim to Break Up Mexico's Leading Telecommunications Firm
Wall Street Journal 07/10/2014
Mexico’s Richest Man Confronts a New Foe: The State That Helped Make Him Rich
The New York Times 08/09/2016
America Movil management
07/10/2014
Grouped Articles
Carlos Slim to Break Up Mexico's Leading Telecommunications Firm
Wall Street Journal 07/10/2014
Mexico’s Richest Man Confronts a New Foe: The State That Helped Make Him Rich
The New York Times 08/09/2016
The Pact of Mexico and bringing competition to Mexico's telecom sector
05/27/2010
The Pact of Mexico was signed by the three major parties in Mexico after the inauguration of new president Enrique Saenz Pena. The Pact provides a consensus for action on major problems facing Mexico in education, the oil sector and breaking up monopolies with high pricing in the telecom and other sectors.
Grouped Articles
Mexico’s economy: The cartel problem
Economist 08/27/2011
How Mexico Ended Political Gridlock
Wall Street Journal 08/15/2013
Mexico's Big Cellular Problem: Carlos Slim
BusinessWeek 05/27/2010
Same Agenda, New Strategy in Mexico
Wall Street Journal 10/20/2013
New Rules to Reshape Telecom in Mexico
New York Times 03/07/2014
Carlos Slim to Break Up Mexico's Leading Telecommunications Firm
Wall Street Journal 07/10/2014
Mexico's setup of the Federal Telecommunications Institute as the new telecom regulator in Mexico
05/27/2010
The FTI replaces the old regulator in an effort to introduce competition in the telecom sector in Mexico. The new anti-monopoly laws were introduced by president Nieto in March 2013. For decades Mexico has suffered from higher telecom rates because of a lack of competition.
Grouped Articles
Mexico’s economy: Making the desert bloom
Economist 08/27/2011
Mexico’s economy: The cartel problem
Economist 08/27/2011
How Mexico Ended Political Gridlock
Wall Street Journal 08/15/2013
Mexico's Big Cellular Problem: Carlos Slim
BusinessWeek 05/27/2010
New Rules to Reshape Telecom in Mexico
New York Times 03/07/2014
Carlos Slim to Break Up Mexico's Leading Telecommunications Firm
Wall Street Journal 07/10/2014
The state of Mexico's telecom monopoly of Telmex and America Movil in 2016-2017 with the regulation to increase competition
08/09/2016
Grouped Articles
Mexico’s Richest Man Confronts a New Foe: The State That Helped Make Him Rich
The New York Times 08/09/2016
We took a different way to help millions around the world build educated informed mindsets that affects and shapes their lives. For a future that is open, global and digital, with everyone having access to high quality information. We believe in the renewal of America, renewal of Europe, the renewal of India, the rest of Asia, Latin America and Africa. The renewal of our supply chains, health, education, infrastructure, as we rebuild our countries after the pandemic. Literacy and knowledge we believe cannot thrive and grow in a world of web bots, web crawlers, or AI. This requires human curiosity, human learning, and human imagination. We take as inspiration the saying- “One has to be free, and as broad as sky. One has to have a mind that is crystal clear, only then can truth shine in it.” Every contribution whether big or small is precious- in this crisis and ahead.
Support Lyrarc from as small as $1
Terms and Conditions | Copyright Policy | Privacy Policy | Contact Us