This development was particularly evident here in the US, where it was compounded with structural transformation, including the rise of the shadow banking sector, the spread of the “originate to distribute” model and the greater interconnectedness between institutions.
This reform has already yielded benefits. A declining trend in relative telecoms prices has deepened, and service providers have increased the variety of packages offered. In fact, competition between operators focuses increasingly on the speed and quality of data services provided through both fixed and mobile means. Another encouraging sign is the interest of international players in the Mexican market.