MEXICANS OVERCHARGED BILLIONS FOR PHONE USE: STUDY
MEXICO CITY (Reuters) – Mexicans were overcharged billions of dollars for phone use in new years as the industry dominated by billionaire Carlos Slim gouges business and keeps the manage to buy from growing, a investigate expelled on Monday said.
Mexico, the second-largest manage to buy in Latin America, cannot strech the expansion intensity until the costs of phone use come down and more people have easy access to telecom services, the report from the Organization for Co-operation and Development said.
From 2005 to 2009, Mexican consumers overpaid for phone services by $13.4 billion a year and that disproportionately strike the poor, according to the report.
“Inefficient telecommunication markets levy a poignant price on the Mexican manage to buy and the gratification of the population,” according to the inform that reviewed the country’s telecom sector.
The home write marketplace is dominated by Carlos Slim’s Telefonos de Mexico, or Telmex, which provides about 80 percent of services.
(Reporting by Patrick Rucker; Editing by Gary Hill)
MEXICO CITY (Reuters) – Mexicans were overcharged billions of dollars for phone use in new years as the industry dominated by billionaire Carlos Slim gouges business and keeps the manage to buy from growing, a investigate expelled on Monday said.
Mexico, the second-largest manage to buy in Latin America, cannot strech the expansion intensity until the costs of phone use come down and more people have easy access to telecom services, the report from the Organization for Co-operation and Development said.
From 2005 to 2009, Mexican consumers overpaid for phone services by $13.4 billion a year and that disproportionately strike the poor, according to the report.
“Inefficient telecommunication markets levy a poignant price on the Mexican manage to buy and the gratification of the population,” according to the inform that reviewed the country’s telecom sector.
The home write marketplace is dominated by Carlos Slim’s Telefonos de Mexico, or Telmex, which provides about 80 percent of services.
(Reporting by Patrick Rucker; Editing by Gary Hill)