Why Carlos Slim’s Mobile Phone Behemoth Can’t Be Taken on Head First

Summary

The episode examines Mexico’s mobile sector, focusing on América Móvil’s historic monopoly under Carlos Slim and the 2013 telecom reforms that introduced competition, free roaming, lower prices, and better coverage. Guest Jorge F. Negrete explains how those reforms achieved their goal but now clash with industry dynamics that favor concentration due to high fixed costs and economies of scale. He warns that without new competitive mechanisms, the market could revert to a Slim‑dominated landscape, eroding consumer gains. The discussion highlights the tension between regulatory intent and the structural forces that drive telecom markets toward dominance by the largest players.