Mexican telecoms up by 13.4 percent through June

Mexico's telecommunications industry grew 13.4 percent in the first half of 2012, compared to the same period last year, thanks to a strong performance by long-distance telephony, satellite television and mobile telephony, the industry regulator, Cofetel, said.

The industry grew much faster during the period than the overall economy, which expanded at a 4.3 percent rate in the January-June period, Cofetel said.

Incoming long-distance telephone service grew 28.3 percent in the April-June period, marking the fastest growth since 2006 as a result of the strength in the US economy, where 95 percent of incoming calls originate.

Source: Efe