It's Time to Bust the Telmex Monopoly

[Commentary] It is a decade overdue, but Mexico finally has a clear path to ending the near-monopoly status of Telmex – Carlos Slim's Telefonos de Mexico. Whether President Felipe Calderón seizes the day will signal just how serious he is about modernizing his country's economy. The Slim dynasty cannot prosper if it cannot expand into television. If Mexican regulators get smart and begin to aggressively privatize the wireless spectrum, its odds are even slimmer. That's why this is the moment to drive a stake through the heart of the Telmex monopoly. If Mr. Calderón passes up the chance, he will seal his own fate as a reformer and practically guarantee that Mexico will fail to live up to its potential in the next decade.
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