Mexico's president signs telecoms reform rules into law

Mexico's President Enrique Pena Nieto on Monday signed into law new rules for the telecommunications and broadcasting industries that are designed to curb the power of billionaire Carlos Slim's America Movil and broadcaster Televisa. The legislation, approved by Congress last week, fleshes out a constitutional reform that Pena Nieto pushed through Congress last year to spur greater competition in the telecommunications market that is dominated by Slim.

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