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Mexican telecoms up by 13.4 percent through June

Wednesday, August 29, 2012

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