Mexico's Midicel To Appeal Adverse License Ruling
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Infolatina via NewsEdge Corporation : MEXICO CITY, May 22, 2001 (El Universal/Infolatina via COMTEX) -- Mexican mobile phone carrier Midicel said it would fight in the courts any move by the country's Communications and Transport ministry to revoke a series of wireless transmission frequency licenses that it won at auction in 1998 but for which it has not yet fully paid, Mexico City daily El Universal reported. Midicel, a subsidiary of telephone company Miditel, already has lodged a complaint with antitrust agency the Federal Competition Commission (CFC) against competitors Pegaso, Unefon, Axtel, Telmex and Telcel, after the companies recently sent a letter to the ministry demanding that Midicel be stripped of the licenses for having failed to pay for them in accordance with an agreed schedule. "We know that they're pressuring Minister Pedro Cerisola. These companies have formed a kind of club, and if we lose the licenses in a ministry ruling, we will appeal, and the process will drag on for another two years," Midicel legal counsel Miguel Montano said.
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