The Instituto Federal de Telecomunicaciones (IFT), Mexico's telecommunications regulator, achieved a remarkable financial milestone in 2024, collecting a staggering 18,412.33 million pesos, equivalent to approximately 901 million US dollars. This revenue, one of the highest ever recorded by the IFT, was directed to the federal treasury for use in government plans, showcasing the regulator's substantial role in the country's economic framework.
According to a quarterly operations report published by the IFT, nearly 855 million pesos were collected in the last quarter alone, underscoring a robust performance throughout the year. Between 2019 and 2024, the IFT's total collections are estimated to approach 5 billion US dollars, reflecting its ongoing commitment to regulatory oversight and financial management.
In terms of budget execution, the IFT reported expenditures of 2.17 billion pesos for 2024, adhering to the austerity measures outlined in the federal budget and fiscal responsibility law. This amount accounted for 94.1% of the regulator's approved budget for the year. Of the total expenditure, 1.03 billion pesos were allocated to personnel costs, while 1.14 billion pesos were designated for operational and investment expenses.
Throughout 2024, the IFT supervised a total of 13,346 payments related to various procedures by telecommunications concessionaires. The regulator also processed an impressive 659,816 administrative procedures and provided assistance to approximately 120,000 users with complaints regarding telecommunications services. This level of engagement highlights the IFT's commitment to consumer advocacy and regulatory diligence.
In addition to its financial achievements, the IFT also released its 2023 Coverage Diagnosis of Mobile Service in Agricultural Zones of Mexico. This comprehensive study aimed to investigate the availability of mobile technology in agricultural areas, focusing on user demographics, geographical distribution, and the percentage of agricultural zones equipped with mobile services.
The report categorized agricultural zones into temporary and protected areas, both of which have access to either 3G or 4G technology. The findings revealed that an impressive 96.2% of production units in protected agricultural areas have mobile technology services, while the coverage in temporary agricultural areas stands at 88.7%. These statistics underline the significant strides made in enhancing connectivity in rural regions.
Furthermore, the IFT's initiative aligns with broader efforts to leverage Information and Communication Technologies (ICT) in agricultural zones, as advocated by the Economic Commission for Latin America and the Caribbean (CEPAL). The aim is to empower farmers by enhancing their productivity and technological capabilities, as well as reinforcing their roles as active citizens.
To support these efforts, the IFT also highlighted AgroOferta, a digital platform designed for interactive consultation to locate agricultural, livestock, or fishery products. Currently, AgroOferta has amassed 47,906 users, with the majority concentrated in states such as Chiapas, Veracruz, San Luis Potosí, and Campeche. This platform serves as a vital resource for farmers seeking to optimize their operations and market access.
Overall, the IFT's dual focus on financial performance and technological advancement in agricultural zones illustrates its commitment to fostering innovation and development in Mexico's telecommunications landscape. As the regulator continues to navigate the complexities of the sector, its efforts to enhance service delivery and consumer protection remain paramount.
As we look to the future, the IFT's initiatives will likely play a critical role in shaping the telecommunications environment in Mexico, particularly as the demand for reliable connectivity grows in both urban and rural areas. With ongoing investments and regulatory oversight, the IFT is positioned to support the country's economic growth while ensuring that all citizens have access to the services they need.
The implications of the IFT's work extend beyond mere statistics; they reflect a broader vision for a connected Mexico, where technology empowers individuals and communities alike. As the digital landscape continues to evolve, the IFT's proactive approach will be essential in addressing the challenges and opportunities that lie ahead.
