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Nickname: Daniel
Review: Like seriously! I always wonder how all of these Mexican economists and politicians graduate from MIT and UCLA and Harvard and Stanford, yet despite their intellectual level, still remain in the same super-glued spot. I'm a 19 year old Mexican-American who realized Mexico's economy has so much potential when I was 3. No offense to anyone, but it doesn't really take a genius to figure out that expansion of the economy is good. Well, in any case, VIVA MEXICO!!
Regards,
Daniel
Date reviewed: Sep 19, 2007 6:56 PM
Nickname: WiMax and wireless spectrum enthusiast
Review: There are around 18 million land-based phone lines servicing Mexico's 105 million people. That's a teledensity rate of around 17 percent. In the USA it's nearly 70 percent. In light of this, isn't it very puzzling how Mexico's telecommunications commission and its communications secretariat still haven't licensed out wireless broadband spectrum known as WiMax? WiMax enables a phone or broadband Internet signal to travel dozens of kilometers. Carlos Slim doesn't want it to happen, you see. And some Mexicans still wonder why their own Banco de Mexico director Guillermo Ortiz has recently said in Dallas that a way to pressure the Mexican government to finally end the telecommunications monopoly is to allow the USA to build that (admittedly frustrating) border wall? Mexico is so wealthy; how can so many there still be so poor?
Date reviewed: Oct 8, 2006 4:22 AM
Nickname: Vigilante
Review: Nice to see another good article from Geri Smith.
You forgot to mention the ugly monopoly of electricity.
Those monopolies and their politician-stuffed unions are extremely costly for the economy. They are a huge drag, and one of the main causes that doing business in Mexico feels like swimming in molasses.
Date reviewed: Oct 7, 2006 12:19 PM
Nickname: Hamendra
Review: Nice piece of news!
It is really good to note that the Mexicans are finally awake and trying to put an end to the monopolies.
More market players will build efficiencies and bring the best offers to customers.
There are many other sectors like cement and education which have the same story to tell. All these effect the cost of living in Mexico quite significantly.
The recent elections saw the leftists rise and lose only with a negligible difference. As he still protests, and as the poor people in Mexico still believe that only the leftist ideology can save them, I think opening up the economy and saying goodbye to the monopolies will only improve the quality of life for all.
Date reviewed: Oct 6, 2006 7:38 PM
Nickname: !-_-!
Review: Best news in years! Monopolies can limit employment and more employment is exactly what Mexico needs. A lot of the illegal Mexican workers in the U.S. could return home and be employed by newly forming telcos. Each competing telco that arises will need a staff of salesmen, techs, linemen, admin people and others, and all of them get paid. And of course they'll buy goods and services in Mexico which in turn improves the Mexican domestic economy.
Pemex should meet the same fate. Mexico has huge, largely untapped oil reserves. Oil industry jobs pay well. More players in oil exploration/extraction means more blue collar rig and refinery workers with high wages who can afford the cost of living in Mexico and so remain there with their families.
Date reviewed: Oct 6, 2006 6:12 PM
Nickname: Elton Bicalho
Review: We should do it in Brazil too.
Date reviewed: Oct 6, 2006 4:13 PM
Nickname: Alfonso
Review: Finally there would be change in the structure on how Mexico is conducting its business. I am so tired of seeing huge corporations dominating the industry and making it very difficult for new companies to join in the market. I would really like to see another choice of gas stations in Mexico, other than Pemex, with their high lead gas. It is time for Mexico to tackle the Carlos Slim monopoly of the telecommunication sector(Telmex), so that the telecommunication sector could grow and provide better customer service.
Date reviewed: Oct 6, 2006 7:35 AM
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