BMI View: Compared with its Latin American counterparts, Mexico’s telecoms market is underdeveloped, with low penetration rates, high tariffs and a lack of competition as América Móvil dominates the market through its Telmex and Telcel subsidiaries. New reforms signed into law in July are aimed at introducing a higher level of competition, although it is likely to be some time before the full effects of these reforms materialise. Nevertheless, operators remain optimistic about the changes, with Iusacell revealing plans to triple its market share over three years. Key Data ? In Q113, Cofetel revealed there were 101.6mn mobile subscribers in …
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