The Mexican market is undergoing a transformation. It has a new regulator, Ifetel, set up in 2013 to replace the ponderous Cofetel and shake up a market entirely dominated by America Movil. Movil’s power is being whittled away by regulatory changes, forced divestments and the entry of AT&T after its acquisitions of Iusacell, Nextel Mexico and DirecTV. And the upcoming LTE auctions could change the landscape further if well-funded new entrants secure valuable spectrum. Mexico – the second largest economy in Latin America and the region’s largest smartphone base – has announced plans for its long-awaited auction, which will take place in January. Ifetel will offer 80 MHz of spectrum including 30 MHz in the AWS-1 band (1710-1725 MHz/2110-2125MHz) and…