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Latino Daily News

Sunday March 2, 2014

Mexico’s Telecoms Sector Up 3.4 Percent in End of 2013

Mexico’s telecommunications sector expanded 3.4 percent in the fourth quarter of 2013 relative to the same period of 2012, driven by growth in international long distance, cable and satellite television and mobile telephony, officials said.

That figure was based on the Index of Telecommunications Sector Production, or Itel, a global indicator that evaluates the behavior of the main services offered in Mexico’s telecommunications sector, the Ifetel regulatory agency said in a statement.

Growth in that sector far outpaced the rise in Mexico’s overall gross domestic product, which was up just 0.7 percent in that same quarter, Ifetel said.

International long distance traffic grew 27.6 percent, the number of cable television and satellite TV subscribers rose 15.9 percent and 11.7 percent, respectively, and mobile traffic minutes climbed 5.6 percent, the statement added.

Mexico had 20.6 million fixed-line subscriptions at the close of December, 490,000 more than in the same period of 2012, according to Ifetel, which also noted that telecommunications rates continued their downward trend in both real and nominal terms due to greater competition.

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