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Mexican regulator gives Fox Sports sale more time in Disney-Fox deal By Jonathan Stempel and Chris Prentice
FILE PHOTO: A screen shows the trading info for The Walt Disney Company company on the floor of the NYSE in New York
MEXICO CITY (Reuters) – Mexico’s telecoms regulator said on Friday it has pushed back until May 1 its deadline for the sale of Fox Sports in Mexico as part of the terms of Walt Disney Co’s acquisition of Twenty-First Century Fox Inc film and television assets.
The Federal Telecommunications Institute (IFT) said it was postponing the deadline, which had been set to expire on Friday, for selling the Fox Sports channels because of the difficulty of completing the sale amid the COVID-19 pandemic. The regulator said the companies had requested the extension.
For years, Telecomunicaciones Indígenas Comunitarias A.C. (TIC AC), Mexico s fourth largest cell phone operator, has been fighting to provide telecommunications services to the most disadvantaged people in Mexico, specifically the 18 Indigenous communities that form part of it. Now TIC AC, backed by Rhizomatica and Redes por la Diversidad, Equidad y Sustentabilidad A.C., organisations that help communities build and manage their own low-cost, open-source communications infrastructure, is celebrating a historic victory: exemption from paying fees for the use of radio spectrum.
Since 2016, when they won their first radio spectrum concession, these non-profit organisations have faced various obstacles as well as discrimination. Had it not been for the tenacity they have shown in court, the process would not have resulted in this victory, says Carlos Rey-Moreno, local access policy and regulation coordinator for APC’s community networks project. There were moments that seemed insu
By Reuters Staff
3 Min Read
MEXICO CITY (Reuters) - Mexican President Andres Manuel Lopez Obrador said on Thursday he will next week present his Cabinet with a proposal to evaluate whether institutions including the telecommunications anti-trust regulator could be merged into ministries.
FILE PHOTO: Mexico s President Andres Manuel Lopez Obrador listens to the national anthem as he arrives to address the nation on his second anniversary as President of Mexico, at the National Palace in Mexico City, Mexico, December 1, 2020. REUTERS/Henry Romero
Lopez Obrador defended the idea on grounds of saving public funds to allow for priority welfare and infrastructure spending.