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Mexican supervision asks Supreme Court to hear Slim TV case

Wed Jul 4, 2012 8:48pm EDT

MEXICO CITY (Reuters) – Mexico’s communications method has asked a Supreme Court to examination a authorised box that could confirm either or not billionaire aristocrat Carlos Slim can enter a remunerative radio market, according to a request from a court.

Mexico has barred Slim, a world’s richest man, from TV until his hulk home phone business, Mexico’s heading fixed-line phone use provider Telmex (TELMEXL.MX)TMX.N, gives satisfactory entrance to rivals.

The court, though, could let Slim ensue if it decides officials dispossessed a right to stop him when it mishandled a original, four-year-old Telmex paperwork for a radio license.

A request showed a justice had perceived a petition to hear a box though gave no denote of when it could take adult a matter.

Telmex was engrossed into mobile phone hulk America Movil (AMXL.MX) as Slim combined his holdings. America Movil is a largest mobile phone association in Latin America.

Representatives from Telmex were not immediately accessible for comment.

(Reporting by Tomas Sarmiento; Editing by Paul Tait)

Source: Article Source

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