Telefonica Says America Movil Disobeying Watchdog Orders
April 22, 2014 by Avila Capital Markets, Inc.
Telefonica SA (TEF) called on Mexican regulators to crack down on America Movil (AMXL) SAB, saying the company isn’t obeying regulations on sharing its network or selling unlocked mobile phones.
America Movil’s landline units refused to provide information about their network infrastructure, Telefonica said in an e-mailed statement yesterday. Instead, the units responded to Telefonica’s request with a letter that said they disagree with the rules set by the Federal Telecommunications Institute.
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