Mexico's ever-growing exposure to the international market
has forced its historically rigid institutions to work alongside
with the private sector in order to find new and more efficient
ways to incentivize investment without failing to comply with the
regulation in force. The Telecommunications sector is one clear
example of the latter.
After the Mexican telecommunications regulator, the Federal
Telecommunications Institute "IFT", resolved on 2016 to
impose a nearly 5 and a half million-dollar fine to a well-known
entertainment operator company for its Formula E event, it was
clear that changes needed to be made. Such fine was imposed to
private company "OCESA" after the IFT concluded
that Mexican regulation on use of radio spectrum was breached.
Mexico's Federal Telecommunications and Broadcasting Law
establishes that any person who wishes to provide telecommunication
services in Mexico and/or exploit radio spectrum frequency bands,
compulsorily needs to obtain