Telmex to raise prices for fixed line only subscribers

3 Dec 2009

Mexican fixed line incumbent Telefonos de Mexico (Telmex) has said that it will not increase the cost of its services to all of its customers in order to offset recent increases in taxes levied on telecoms firms. However, according to Reuters, Telmex has revealed that subscribers taking just its fixed line voice service will see increases; by contrast, those that are signed up to the telco’s packages that include a broadband service will see no price rise. ‘In Telmex packages that include a monthly fee, local and long distance calls, digital services, and high speed internet , the prices will remain the same. Telmex will not transfer these costs over to clients,’ the company said in a statement.

The move comes after Mexico’s Chamber of Representatives, the lower house of the Congress of the Union approved legislation introducing a 3% excise tax on telecommunication services in October 2009; initial proposals had called for the tax to be 4%, but lawmakers reduced the levy by one percentage point. The Mexican Senate subsequently approved the plans later that same month.

Mexico, Telefonos de Mexico (Telmex)