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11/4/08

Why doesn't this surprise me?

Mexico's Telmex (part of the Carlos Slim empire) made the news in Peru today and not for the right reasons, either. Here's the Ottotrans(TM) of the first part of the link above
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Lima, 4 November
The Peruvian branch of Telmex today announced it had cancelled U$60m in investment programmed for this year due to problems in obtaining municipal licences for infrastructure works.
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The Mexican consortium was to have invested U$300m in Peru in the period 2005.2008, of which U$160m was earmarked for this year. The director of Telmex Peru, Mauricio Escobedo, told journalists that they had encountered a series of obstacles trying to instal the necessary networks and antennae for telecommunications services.
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He detailed that they had problems to get licences and municipal-level permission concerning the expansion of Telmex's 3play project, an integral service of fixed line telephone, broadband internet and digital TV
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Surprised? If you are you don't know what Peru is like.