As in the U.S. and other European countries, the Mexican telecommunications and broadcasting market has been very active in M&A deals. Just over two years ago, a major constitutional reform in telecommunications entered into force and the new law is reaching its first anniversary. This new regulatory framework has lifted many entry barriers, including removing the 49% restriction of foreign investment in telecoms services, and granted more certainty to large and small local and international companies to invest in Mexico.
Click here for our recent update on Mexico TMT deals, as published in our Global Media and Communications Quarterly.