Wednesday, October 14, 2009

CFE and Telmex

I think there is more than meets the eye in the recent Mexican Government action on the electric industry.

Several years ago, when neo-liberalism enter the country; President Carlos Salinas de Gortarí de-nationalized the telephone company, Telmex. I believe that the current owner, Carlos Slim Helú, had an agreement with the other Carlos.

Carlos Salinas had to leave Mexico. He stayed in Ireland for several years, now he is back in Mexico, and as far as I know is in good terms with the telephone company Carlos.

Anybody that has followed, even superficially, the communications industry evolution, knows that electric installations are good for communications.

By December, President Felipe Calderón, wants all Mexican hospitals and universities connected through the Comisión Federal de Electricidad (CFE), the Federal Electricity Commission. This is a big deal!

I think that this President must have some "friendly" buyer, just like Carlos Salinas, had Carlos Slim, waiting for the business of the century: High Speed Internet.

Just saying.

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