Slim's Telmex not planning to take part in TV auction: report

MEXICO CITY (Reuters) - Mexican tycoon Carlos Slim's fixed line phone giant Telmex does not aim to enter the television market via a planned auction of two new nationwide channels, a newspaper reported on Saturday. Slim's efforts to find a way into the TV market in Mexico have so far been blocked by the government, which fears he will use his financial clout to stifle competition. However, the 72-year-old billionaire still hopes to break the deadlock. On Wednesday, Mexico's telecoms watchdog Cofetel approved a plan to auction two new TV channels. ...