Mexico raises thresholds for foreign investment in telecoms

MEXICO CITY, March 11 Mon Mar 11, 2013 2:25pm EDT

MEXICO CITY, March 11 (Reuters) - Mexico will allow increased foreign investment in its telecom sector as part of a reform bill announced on Monday.

The country will allow up to 100 percent foreign investment in telecoms and up to 49 percent foreign investment in its broadcast media, communications and transport secretary Gerardo Ruiz Esparza said at a press conference on Monday.

A couple walks along the rough surf during sunset at Oahu's North Shore, December 26, 2013. REUTERS/Kevin Lamarque

Find your dream retirement town

Florida? Hawaii? Reuters has teamed up with Zillow to give you the power to customize a list of your best places to retire.  Video | Full Article