Mexico Supreme Court Sides with America Movil Over AT&T and Telefonica

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Mexico’s Supreme Court sided with America Movil (AMX) in a key case on connection charges, ruling that regulators must set such charges instead of legislators, according to Seeking Alpha.

The ruling found that a law calling on America Movil to complete calls from the networks of its rivals free of charge was unconstitutional. That meant not collecting from AT&T (T) and Telefonica (TEF), even though those companies collected such interconnection fees from America Movil to complete calls from its customers Seeking Alpha reported.

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