Ecuador: Fine against Claro Telecom Suspended

Posted on March 12, 2014 • Filed under: Ecuador, Internet

au.news.yahoo.com reported that an Ecuador court on Tuesday suspended a $138.5 million fine levied against the Claro telecom firm owned by Mexican tycoon Carlos Slim, one of the world’s richest men. The fine had been issued by a regulatory authority in February which accused Claro, which operates under the name Conecel in Ecuador, of obstructing competition. Read Article

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