MEXICO CITY (Reuters) – A U.S. proposal to enshrine measures targeting Mexican billionaire Carlos Slim’s America Movil thwarted NAFTA negotiators’ goal to reach a deal on telecommunications issues during the latest talks, according to three sources with knowledge of the matter.
The U.S. proposal would codify Mexico’s telecommunications reform in the North America Free Trade Agreement, including a policy to bar America Movil (AMXL.MX) from charging competitors such as AT&T (T.N) for calls to its network, the sources said.
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