Through a public-private alliance that began in March 2018, the Mexican government began working on Red Compartida, a project to increase telecommunications coverage in the country through 4.5 G or higher wireless networks.

The goals of the project are to provide services to 85% of the population as of January 24, 2022 and 92.2% of the population as of January 24, 2024.

Red Compartida

Likewise, it is intended to provide progressive coverage by January 24, 2022 to 111 Magical Towns, small rural towns that offer indigenous crafts and other unique attractions.

The government aims to provide Mexican citizens with access to better and cheaper telecommunications services and increase competition and investment in these industries.

The CFE has a non-profit subsidiary, CFE Telecomunicaciones e Internet para Todos, which was created on August 2, 2019. Its purpose is to provide telecommunications services to guarantee the right of access to information and communication technologies, including broadband and internet, throughout Mexico.

FDI

To achieve its goals, the government permits up to 100% foreign direct investment in the telecommunications and satellite communications sector. This includes cable television services.

Additionally, foreign direct investment of up to 49% is allowed in broadcasting. However, this is subject to any reciprocity agreements between Mexico and the investor’s country of origin.

At the same time, the Federal Telecommunications and Broadcasting Law seeks to expand access to telecommunications and broadcasting. It also aims to reduce or eliminate charges for cell phone operators, such as long-distance fees.

Moreover, the Public Broadcasting System of the Mexican State operates as a decentralized public entity. Its mission is to ensure continuous access to broadcasting services across all Mexican states.

As of 2016, the government has been going through the process of opening telecommunications bidding processes through various reforms to the Mexican constitutional framework related to telecommunications with the aim of improving access to broadband telecommunications services for the public and create greater competition in the telecommunications market.