Five years ago this week… The Federal Telecommunications Institute (IFT) of Mexico told Telmex that it must separate out the wholesale and the retail sides of the business, to promote local loop unbundling. Telmex held something close to a 60% market share of fixed line broadband in Mexico, at the time, offering some of the most expensive broadband across Latin America. Faultline compared local loop unbundling to socialism – depending on where you are from it is either a) the only answer or b) has never achieved any good – but it was a proven tool to enable rivals to invest in broadband, create competition and bring prices down, having worked in France, the UK, Hong Kong and a few…