Mexico’s telecom watchdog IFT wants America Movil to continue with the process of separating its fixed-line and mobile units, even though the operator challenged the move in court, media reports stated.
Earlier in the year, America Movil was asked to separate its fixed-line business Telnor from mobile business Telmex following a review on the progress of telecoms reforms introduced in 2014.
In April the operator’s challenge to the way in which IFT wants this done was accepted by a federal judge for review.
However, the IFT has said the appeal does not mean the separation process can be paused, a process for which America Movil was given two years, during which it will also have to present a plan for asset and debt transfer.
Last week, the watchdog approved the constitutional bylaws of the wholesale companies, UTM and Umnor, which will be created as a result of the separation.