Slim, who controls around 80 percent of
The law, broadly backed across the political spectrum in
The government is now drawing up secondary legislation to implement that reform, and
However, Lozano, one of the most influential telecoms experts in
The reform created a new telecoms regulator known as Ifetel, which will be able to force Slim to share infrastructure with rivals, and, if necessary, break up his local operations to spur competition.
"With these instruments at hand, there have to be very visible changes in the medium term," Lozano, a member of the conservative
Asked whether the measures would be sufficient to cut Slim's market share below 50 percent before President
Lozano, a former head of the previous telecoms watchdog Cofetel, said that if
Many analysts have been sceptical whether the 73-year-old's hold on the market can be cut significantly, saying Slim's competitors must first be prepared to invest large sums.
Some of those competitors argue, however, that they should not risk their money until his operations are broken up because of the power the billionaire already has in
Ifetel must formally declare
Only time will tell whether Ifetel will go as far as to order a break-up of Slim's Mexican operations, fixed line company Telmex and the mobile firm Telcel, and Lozano said he would advocate that only as "the last resort."
"We can't get into the realm of confiscating Telmex assets. That would be very dangerous for the country," he said.
For years, Slim successfully fought off efforts to weaken his hold on the telecoms market with legal injunctions and appeals, a strategy also pursued by Azcarraga.
The government's reform seeks to end the stalling, and Lozano said the telecoms law would strip away about 80 percent of the legal cover the firms have used to thwart regulators.
Lozano was also optimistic that Ifetel, whose seven initial members were confirmed by the
"They're not linked to any of the companies," he said.
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