Mexican Supreme Court rejects América Móvil regulatory appeal
24 June 2014 |
The Mexican Supreme Court has reportedly refused to hear injunctions from América Móvil and its mobile subsidiary Telcel, seeking to challenge a ruling by Mexico’s telecoms regulator.
Mexico’s telecoms regulator, Instituto Federal de Telecomunicaciones (Ifetel), has in place a “preponderant economic agent” ruling, which América Móvil and Telcel are thought to be looking to suspend.
According to local reports, out of five justices in the court’s first chamber, not one was willing to take on the appeals from the operator.
As a result, the injunctions will now return to a lower court specialising in telecoms and economic competition.
América Móvil is one of Mexico’s largest players and last week, another dominant operator, Grupo Televisa, was denied a similar court hearing.