Cofetel for the chop?

12 Apr 2010

The National Action Party (PAN), Mexico’s ruling party, has reportedly put forward a number of changes to existing telecoms legislation, including a recommendation that the current regulator, the Comision Federal de Telecomunicaciones (Cofetel) be dissolved. According to BNamericas the government has suggested that Cofetel’s existing powers be handed to a newly created unit of the Secretario de Comunicaciones y Transportes (SCT), which would be known as the Instituto Federal de Telecomunicaciones y de Contenidos Audiovisuales. The new body would be responsible for the regulation of spectrum, telecoms networks and services, alongside radio and television content. In addition, it is understood that other proposals put forward include boosting the foreign investment limit to 100% for telecoms companies. Presenting the plan to the Camara de Senadores, Senator Gustavo Madero Munoz claimed the changes would ‘encourage competition among different providers of telecommunications services,’ adding, ‘This initiative is part of the effort to modernise our political institutions and improve the competitiveness of the Mexican economy.’