Mexico House Passes Telecom Bill Amended to Aid Televisa
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Mexico’s lower house of Congress approved a modified proposal to increase competition in the telecommunications and media industries, inserting changes that benefit broadcasters Grupo Televisa SAB and TV Azteca SAB.
The bill was approved 393-98 at 4:11 a.m. local time today to be delivered to the Senate, according to the house’s website. It will require the vote of two-thirds of the Senate. At least parts of the legislation will also need constitutional changes, which have to be approved by a majority of legislatures from 31 Mexican states and the capital.