More Telecommunications Competition?
Not from Spain (Movistar) or Mexico (Enitel) but China. While Nicasat-1 is a done deal and is expected to be financed by Chinese banks, a Chinese company is expected to win a frequency auction which could bring a third company into the cellular market.
From an FT Blog
Telcor has also been busy with a new cellphone frequency auction. The country is already served by América Móvil, controlled by Mexico’s Carlos Slim, and Spain’s Telefónica. They argue that in such a small market, two companies are more than sufficient.