This document summarizes key issues related to telecommunications and IT in Mexico, including: 1) The telecommunications industry is dominated by a few large actors such as Telmex and America Movil, raising concerns of a duopoly. 2) The government plays a role in spectrum auctions and interconnection costs but tensions exist between regulatory agencies. 3) Competition and broadband access are ongoing issues as new networks are developed and spectrum is auctioned off. 4) The IT industry is large and diverse but faces challenges around skills shortages and brain drain abroad. Improving education is seen as important to address human resource issues.