Nov 24, 2009

Mexican telco Axtel eyes mobile phone market

Mexican fixed-line telephone operator Axtel is considering entering the mobile phone market as it eyes upcoming frequency auctions that would help it expand its customer base.
Mexico set preliminary terms for the frequency auctions on Monday in a renewed effort to boost competition in a market dominated by tycoon Carlos Slim's America Movil
. The government will sell nine blocks of frequencies ranging from 1850 to 1990 MHz, as well as, seven blocks within the 1710 to 2170 MHz range.

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