The Mexican units of America Movil (AMXL.MX) (AMX.N), controlled by billionaire Carlos Slim, and Telefonica
(TEF.MC) are two of 17 companies that want to bid for new wireless spectrum, according to Mexico‘s telecommunication regulator Cofetel.
The spectrum auctions, which are expected to pit media and cable companies against wireless giants, are part of a government push to stoke competition in the industry long dominated by Carlos Slim’s companies.
A partnership between media conglomerate Televisa (TLVACPO.MX)(TV.N) and NII Holdings Inc (NIHD.O) as well as companies controlled by Ricardo Salinas Pliego, including broadcaster TV Azteca (TVAZTCACPO.MX), are planning bids, according to the Cofetel document released late on Wednesday.
Mexican cable operator Megacable (MEGACPO.MX) is also on the list.
