Mexico's lower house gives general approval for telecoms bill
MEXICO CITY, March 21
MEXICO CITY, March 21 (Reuters) - Mexico's lower house of Congress gave general approval Thursday night to a plan to overhaul the telecommunications sector that seeks to loosen Carlos Slim's hold on the phone business and broadcaster Televisa's dominance of the airwaves.
The bill attracted overwhelming support, with 414 lawmakers in favor of the reform and only 50 opposed.
Lawmakers must still vote on amendments to the bill, which has dampened confidence in Slim's prospects, though investors are hopeful the Mexican tycoon can at least partly offset curbs to his phone empire by entering the television market.
- Israel rejects ceasefire plan, source says, as death toll nears 850 |
- Obama tells Central American leaders most children will go home
- First Ebola victim in Sierra Leone capital on the run
- Bad weather seen as probable cause of Air Algerie crash
- EU edges to economic sanctions on Russia but narrows scope |