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Mexico

Citigroup Earnings Soar, Shares Rally – But Mexico Unit and Data-Governance Woes Linger

Citigroup Earnings Soar, Shares Rally – But Mexico Unit and Data-Governance Woes Linger

Record Third-Quarter Results Citigroup delivered a blowout third-quarter 2025 report. The bank said net income climbed 16% from a year ago, to $3.8 billion (EPS $1.86) reuters.com. Citi specifically noted “record revenue” across all five business segments reuters.com. Banking division revenue jumped 31.3% to $2.1 billion reuters.com, and markets revenue rose 16.7% (to $5.6 billion) on strong fixed-income trading reuters.com. These gains offset a $726 million charge for the Banamex sale reuters.com. Notably, heavy dealmaking fueled the surge. Reuters reports that global M&A volumes hit ~$1.26 trillion in Q3 (up 40% yoy) reuters.com. In line with that, analysts had expected a strong quarter; one TS2.tech
Mexico’s Space Industry Is Taking Off: 2025 Market Report & Future Outlook

Mexico’s Space Industry Is Taking Off: 2025 Market Report & Future Outlook

Overall, Mexico’s space and satellite industry in 2025 is at an inflection point. After decades of gradual groundwork – from the first experimental rockets in the 1950s room.eu.com, to launching communications satellites in the 1980s, to establishing AEM in 2010 – the country is now leaping forward with a coordinated national strategy. Government programs are aligning with private innovation and academic talent, creating an ecosystem primed for takeoff. The historical constraints (limited funding, fragmented efforts) are giving way to new momentum fueled by ambitious policies and global partnerships. Challenges remain – funding needs to scale up from the modest ~$3
23 September 2025
Mexico Drone Laws 2025: Regulations, Requirements, and Recent Updates

Mexico Drone Laws 2025: Regulations, Requirements, and Recent Updates

The NOM-107-SCT3-2019 standard, effective January 2020, defines three RPAS weight classes—Micro ≤2 kg, Light >2 kg up to 25 kg, and Heavy >25 kg—with operation categorized as Recreational, Private Non-Commercial, or Commercial. Drones over 250 grams must be registered in the Mexican Aeronautical Registry via AFAC’s RPAS Registration form (Appendix K of NOM-107), with registrations valid for three years and requiring ownership proof, the drone’s serial number, and a Mexican citizenship or residency ID (foreign nationals cannot register). As of 2024, pilots operating larger or commercial drones must hold an RPAS pilot license; eligibility includes Mexican birth, at least 18
State of Internet Access in Mexico: The Digital Divide, Ground and Sky

State of Internet Access in Mexico: The Digital Divide, Ground and Sky

As of early 2024, Mexico had over 107 million internet users, about 83% of the population. Fixed broadband is increasingly fiber-based, with around 70% of fixed connections using fiber (FTTH) and Telmex migrating about 85% of its broadband customers from DSL to fiber. Red Compartida, launched in 2018 by Altán Redes, reached 95.3% of the population by June 2024, exceeding its 92.2% target. CFE TEIT started in 2022 and had installed 91,000 free Wi‑Fi access points nationwide by early 2024. Mexico’s mobile market reached 125.4 million active mobile lines by early 2024, about 97% of the population. 5G rollout progressed
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