UPDATE 2-Mexico slaps conditions on Televisa-Iusacell tie-up
Posted on June 14, 2012 at 13:43 PM EDT
MEXICO CITY, June 14 (Reuters) - Mexico's competition watchdog said on Thursday it approved broadcaster Televisa's bid to buy half of cell phone company Iusacell but imposed tough conditions on the deal, seen as crucial to helping both companies mount a serious challenge to tycoon Carlos Slim's telecoms empire.