Mexico's telecommunications regulator has revised its program for auctioning off digital television frequencies in 2014.

The recently created Federal Telecommunications Institute, or Ifetel, said the plan complies with a new telecommunications law that is aimed at making Mexico's phone and TV markets more competitive.

The revised program includes 246 digital frequencies, down from 306 in the previous plan.

Ifetel said that in keeping with its constitutional mandate to create at least two new nationwide television networks it decided to modify the previous program, adding that the new plan covers "a greater population and geographical area."

The number of frequencies in the 600 MHz band was reduced from 112 to 65, according to the regulator, which said that because 13 of them are located in the U.S.-Mexico border region it has had to coordinate with U.S. authorities with a view to unlocking those channels "in the near future."

Ifetel was created in June as part of a telecommunications overhaul intended to weaken the power of Mexico City-based phone giant America Movil and Mexico's TV duopoly of Televisa and TV Azteca. EFE