IFETELInstituto Federal de Telecomunicaciones (Spanish: Federal Telecommunications Institute; Mexico)
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(155) The 2013 amendments also created IFETEL to replace the telecommunications sector regulator COFETEL, along with reforms that removed the limits on foreign ownership in telecommunications.
We have also updated our forecasts for Mexico's fixed-line and broadband subscriber markets, incorporating Q315 data from regulator Instituto Federal de Telecomunicaciones (IFETEL).
IFETEL commissioners said the acceptance of the Grupo Imagen bid means that the initial step to open the television broadcast market to competition could be considered a success.
Ifetel, which replaced the old Federal Telecommunications Commission, Cofetel, was launched after last year's sweeping telecom bill was pushed through as part of Mexico President Enrique Pena Nieto's historic reform blueprint, dubbed the Pact for Mexico, which also saw passage of major new regulations in energy, tax, finance, education and politics.
Perhaps even more encouraging was the congressional passage of secondary legislation following last year's telecoms reform, and the announcement on March 7 from the national telecoms regulator (IFETEL) that the nation's largest television company, Televisa, and largest phone company, America MEvil, are "dominant firms" in their respective sectors, and that the government may force them to reduce their market shares.
The legislation mandates the creation of a new regulator known as Ifetel to oversee the telecoms market.