U.S. Weighs Nafta Telecom Proposal to End AT&T Impasse
- Trump’s negotiators had sought to pen in Mexican regulations
- Mexico countered with trilateral plan to promote competition
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The Trump administration is considering trilateral Nafta language to promote telecommunications competition that could help bring the issue to a close after Mexico rejected demands spurred by AT&T Inc. that it considered overly restrictive, according to three people familiar with the issue.
The U.S. Trade Representative’s office is weighing the proposal after receiving the backing of Mexican regulators, according to the people, who asked not to be named because the negotiations are private. The U.S. had initially sought a commitment from Mexico to freeze its telecom laws at the urging of AT&T, which was upset with a Mexican Supreme Court ruling that watered down part of the nation’s 2013 telecom overhaul, according to the people.