America Movil, Televisa Forced to Open Networks to Competition

America Movil SAB and Grupo Televisa SAB were ordered by Mexico’s government to share their infrastructure with competitors in a bid to cut the market share of the nation’s dominant phone and media companies.

America Movil, controlled by Carlos Slim, will have its phone prices regulated and must share parts of its network, it said in a statement. Televisa, the nation’s biggest broadcaster, said it will have to let competitors use its towers for a set fee and must publish its advertising prices publicly.