<img height="1" width="1" src="https://www.facebook.com/tr?id=122870811637131&amp;ev=PageView &amp;noscript=1">
Investment Properties Mexico
Toll Free USA/Canada (866) 751-7955

Read. Learn. Invest. Grow

Mexico's Telecom Industry to Grow 10 Times Larger by 2015

13 September, 2012

In a press release on July 11th Pyramid Research,
which is the telecomm research arm of Light Reading Communications Network,
announced that the Mexican telecom industry is expected to grow up to 10 times
by the year 2015,reaching a value of $3.6 billion. The announcement  comes directly after the United Nations
declared Internet access a basic human right,and Mexican president Felipe
Calderon took important,progressive steps to deregulate Mexico's optic fiber

Current investments for improving Mexico's telecom industry
amount to $110 million,and by 2012 it is estimated that more than half of the
country's households will have cable and Internet access. This is due in large
part to Calderon's recent initiatives to deregulate optic fiber.

“According to the results of a census we conducted
throughout the year,nearly 40 percent of Mexican homes have access to cable
television. This figure will most likely increase by next year. I can assure
you that by 2012,more than half of households in Mexico will have access to
the plethora of services cable companies offer,” said president Calderon.

New services will be available as of August 2011,and
include new optic fiber offerings,such as broadband Internet,television and
both home and wireless phone services. This expansion of available services is
estimated to positively impact more than 10 million users throughout Mexico
this year alone.

Calderon's deregulate efforts are part of his
administration's many progressive,consumer-centered initiatives,which have
bolstered fair competition,improved the number of services available and increased
growth throughout Mexico. The latest round of improvements is expected to
greatly improve the reliability of telecommunications services in all areas of
the country,allowing Internet access to be more readily available in homes and
classrooms everywhere.

“We are currently working with the Communications and
Transportations Secretariat (SCT),as well as with state governments to ensure
the connectivity of schools around the country. We will also offer computer
classes to students in every single school,” stated Calderon.

Like this story? Like Investment Properties Mexico on Facebook.

Topics: Industry