The Dallas Morning News:Â In latest Mexico deal, AT&T escalates competition with Carlos Slim
Article published:Â Jan 26, 2015 – out of date: no longer suitable for your IB Economics commentary
IB Economics syllabus:Â Microeconomics (market structures: oligopoly, monopoly; non-price competition)
The telecommunications industry in Mexico is under change as AT&T has growing market power thanks to acquiring smaller wireless provider companies. At the same time the govt’ has started promoting competition in the market which is dominated by one firm, America Movil, “by far the largest wireless provider in Mexico.”
Source of image:Â Susana Gonzalez, Bloomber News