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Mexicans overcharged billions a year for phone, Internet

By Matthew · 21 replies
Jan 31, 2012
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  1. A new report alleges that billionaire Carlos Slim's telecommunication companies have overcharged Mexican phone and Internet customers $13.4 billion a year between 2005 and 2009. Released Monday by the Organization for…

    Read the whole story
  2. herpaderp

    herpaderp TS Booster Posts: 154

    He doesn't look so slim....
  3. Ranger12

    Ranger12 TS Evangelist Posts: 621   +122

    I wouldnt trust a guy with a name like Carlos Slim who, as herpaderp pointed out, is not in fact slim.
  4. Cota

    Cota TS Enthusiast Posts: 513   +8

    That word refers to his...


    This is the kind of guy who is able to run a monopoly on the phone company legally.
  5. ramonsterns

    ramonsterns TS Enthusiast Posts: 744   +12

    Haha, time to fusillade!
  6. EEatGDL

    EEatGDL TS Evangelist Posts: 562   +238

    Being myself mexican I hate that guy and yes, you don't have to do a study to see he's stealing you. We changed from his company to a smaller company 5 years ago when we were paying $39 USD equivalent a month for 100 local calls [phone only]. We changed to the cable company that back then offered 2 Mbps internet, unlimited local calls and basic TV cable service for $54 a month. Today the same company offers us 10 Mbps internet, ultd local calls and digital TV cable service with HBO and that stuff for $85 a month; vs. Slim's offering 5 Mbps, "unlimited" local calls and basic satellite TV for $90. You know, is hard to stick to the smaller companies because of infrastructure limitations (area coverage) and you pay more for example on cellphone calls if you call from other company to Slim's telcel. I convinced my dad back then but is hard to convince a whole family and friends to try supporting the competence, specially on cellphones companies.
  7. AmpFeare

    AmpFeare TS Rookie Posts: 26

    why u removing my posts, u mad cuz im right or something
  8. cliffordcooley

    cliffordcooley TS Guardian Fighter Posts: 9,418   +3,434

    Could have been because your post was racist and set yourself above all.
  9. his guy is the richest man on earth and he wont do anything for his country, you know the ppl in mexico are lazy, they want everything on their hands without effort, they dont make research or have the habit to gather information, thats why this fatso has so much power buz telmex and telcel are not their only companies he has a lot and he own the country, every mexican its his client in some way... he also claims that every year he reduce the cost of the telmex services but yes he does that only to get the equivalent of some years ago with other countries....UNBELIEVABLEEEEEEE!!!!! only in MEXICO!!!
  10. yes he owns...telmex(phone company), telcel(cellphone company), sanborns(Stores of everything and restaurants),Inbursa( Bank) , Saks Fifth Avenue (partner and stores), Malls and partnership with dish tv, plus 3 of his 6 sons manage their business...so i think that mexico its pretty fu-ck-ed with this guy

    The goverment tried to stop it with the fiber optics and the tripleplay thing , but its almst imposibble...they are just buying time...he will manage to get those services
  11. ramonsterns

    ramonsterns TS Enthusiast Posts: 744   +12

    Posting as a guest does not exempt you, I'm afraid.
  12. AmpFeare

    AmpFeare TS Rookie Posts: 26

    i clearly stated it wasnt and told anyone who thought it was to look up the facts. u faild that step
  13. AmpFeare

    AmpFeare TS Rookie Posts: 26

    all i did was state facts about a race. the reason it pissed ppl off was because it was true.
  14. cliffordcooley

    cliffordcooley TS Guardian Fighter Posts: 9,418   +3,434

    I know what you posted, I disagree, and personally think it was arrogant and extremely selfish of you to think that way.

    BTW, you failed to stay on topic (had nothing to do with America).
  15. Well if you ask me back here in Kenya the Biggest Mobile network is one of the most expensive, unless he forced people to join his network that would be the illegality ... so he got rich by over charging people, can we start listing other cooperates that do the same? you will be shocked at how long the list will be
  16. No wonder this guy came and over took Bill Gates in only a matter of months. **** when I first saw his assets, he only had like 0.5 billion dollars more than Bill Gates but after a few weeks or so, he had like more than $60 billion worth of fortune. I mean how the hell does he get $10 billion in a few months?

    The only thing I could think of was drugs. This guy sells drugs but I was proved wrong. Turns out he controlled and over charged people in Mexico.
  17. This post is biased . On one hand you criticize the guy carlos for overpricing and on the other hand you praise another guy for doing exactly the same "evil" thing for 20 years (steve Jobs)
  18. EEatGDL

    EEatGDL TS Evangelist Posts: 562   +238

    There was a political cartoon in a newspaper some years ago, where a reporter was asking Slim if he really was mexican, Slim then answered back: "No man, Mexico's mine".
  19. tonylukac

    tonylukac TS Evangelist Posts: 1,366   +67

    @Guest: I'm sure the people in Mexico are not lazy. Just last summer our Hispanic gardeners moved about 10 tons of rocks to our condo pond in 24 hours and repeated the same thing the next day. I now see how the pyramids were built.
  20. Relic

    Relic TechSpot Chancellor Posts: 1,379   +16

    That's what monopolies do and unfortunately for the people the government is likely busy with more pressing issues =/.
  21. That dude in the picture LOOKS greedy!
  22. princeton

    princeton TS Addict Posts: 1,676

    You guys kept misspelling Canada as Mexico.

    That's a load of bullshit and everybody knows it. The profit margins on providers here are huge. Rogers price hiked their internet plans after the DOCSIS 3.0 upgrade that barely costed them anything, and you pay $10/GB for LTE data.

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