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Mexico outlines bidding for new TV networks

Friday, March 7, 2014

Mexico on Friday detailed the bidding process for concessions to create two new national television networks.

The move is part of a package to boost competition in a sector dominated by Carlos Slim's phone giant America Movil and broadcaster Televisa.

Bidders must seek competition clearance from new watchdog Federal Telecommunications Institute by June 17, in accordance with instructions that will be published by March 9 at the latest, the Federal Register said.

Source: Reuters