AM seeking withdrawal of OECD report on Mexican telecoms sector

Latin American telecoms giant America Movil (AM) has reportedly called on the Organisation of Economic Cooperation and Development (OECD) to withdraw a report on the Mexican telecoms market, with the former claiming it contains a number of false conclusions. Dow Jones Newswires cites AM chief financial officer Carlos Garcia Moreno as saying: ‘We are asking them to withdraw it, and we would expect them to withdraw it.’ The development comes after the publication of the OECD’s report in January 2012, in which it was argued that the ‘dysfunctional Mexican telecommunication sector’ had cost consumers some USD129 billion between 2005 and 2009 as a result of high prices

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OVETEL AM seeking withdrawal of OECD report on Mexican telecoms sector