MEXICO CITY, Jan 26 (Reuters) - A vote by Mexico's telecoms regulator concluded on Wednesday without granting authorization for telecoms giant America Movil to enter the country's pay TV market, according to a source with knowledge of the process.
The vote meant that for now, America Movil, controlled by the family of billionaire Carlos Slim, will remain without a license to enter pay TV, a prospect that has caused considerable concern among companies operating in the sector. (Reporting by Cassandra Garrison)
Our Standards: The Thomson Reuters Trust Principles.