Mexico senate approves telecoms reform bill

Mexico's Senate gave its general approval to legislation needed to implement a reform of the phone and TV markets that seeks to rein in telecoms tycoon Carlos Slim and broadcaster Televisa.

The Senate voted 80 to 37 to approve the bill in its general terms, but opposition senators reserved dozens of articles for further debate that was expected to stretch into the night.

The legislation fleshes out a constitutional reform that was proposed by President Enrique Pena Nieto and approved by Congress last year.


Source: Reuters