Mexican fixed line incumbent Telefonos de Mexico (Telmex) has revealed plans to quadruple broadband speeds in some of the country to up to 20Mbps, according to Bloomberg. With a view to persuading existing customers to stay with the telco, rather than migrating to alternative operators, Andres Vazquez del Mercado, Telmex’s residential markets director, has said that his company aims to extend its fibre-optic network closer to homes in order to boost speeds. Of the MXN10 billion (USD761.8 million) set aside for investment in 2010 by the telco, ‘most’ is to go towards internet improvements, the executive also noted. Telmex aims to introduce 10Mbps speeds by end-2010, while trials of 20Mbps speeds are underway in three unnamed cities. ‘We’re positioning ourselves perfectly well to compete with the cable carriers,’ said Vazquez del Mercado of the plans.