The current Mexican president and federal legislature are slowly dismantling the industrial monopolies (the oligarchy)that have dominated the economy and hindered growth, innovation, entrepreneurship and jobs. One of the first targeted sectors is telecommunications—ruled by Carlos Slim, named in 2013 the “world's richest billionaire.” The Mexicans are also in the process of privatizing the state oil monopoly Pemex.
Carlos Slim owns a monopoly, that is not a great thing.