America Movil writes to ICT Minister over regulations (Colombia)

Telecom operator America Movil has written to the Colombian government asking them to stop targeting the operator over price controls and regulations, as reported by BN.

As per the report, Alejandro Cantu, the carrier’s general counsel, wrote in a letter to Information Technology and Communications Minister Diego Molano, that rules proposed in September that specifically target America Movil would be unfair. Further, the rules would force Mexico City-based America Movil to charge the same rate for calls on its network and to competitors. They would also require the company to pay more to rivals to complete calls on their networks than it’s allowed to charge to receive calls from them.

Cantu said that these measures affect the legal certainty that is required to make investments in a capital-intensive industry, in the letter dated March 15. Further, regulations should tend to promote competition, not competitors.