September 25, 2009

Mexican Tax May Cost Mobile Carriers 5 Million Users

President Felipe Calderon’s budget proposals, including a tax on telecommunications, could force as many as 5 million Mexican mobile-phone customers to drop their lines, NII Holdings Inc. is telling lawmakers.

Lower-income subscribers wouldn’t be able to afford the service, and the decline in subscribers could slow Mexico’s economic growth, according to documents the company is providing to legislators.

[via Bloomberg]

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