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TAM Airlines expands OnAir in-flight connectivity

OnAir | February 1, 2011 | Press Release Fleet of 26 aircraft to be equipped in response to passenger demand Sa?o Paulo, February 1st, 2011 – TAM Airlines has expanded its contract with OnAir, the in-flight connectivity service provider, to equip a range of single-aisle aircraft this year....

Vendtek announces national prepaid landline agreement with Embratel

VendTek | January 31, 2011 | Press Release VANCOUVER, Jan. 31 /CNW/ - VendTek Systems Inc. (TSX-V: TSI, the "Company" or "VendTek"), a developer and licensor of software for the global prepaid and financial services markets, is pleased to announce that its wholly...

UPDATE 3-Tycoon Slim plans more investment in Mexico in 2011

Reuters | January 31, 2011 | Cyntia Barrera Diaz and Veronica Gomez * Slim, world's richest person, to invest $3.6 bln in Mexico * Mine unit looking to expand in Mexico and beyond * Held conference at art-packed Mexico City office (Adds details on Swecomex, Dish) MEXICO...

Carlos Slim: World's richest man

CNBC | January 2011 | Michelle Caruso Cabrera Mexico's Carlos Slim tells CNBC's Michelle Caruso Cabrera about the businesses he owns, what he's going to do with his wealth, and where he may be investing next. Video via CNBC

Telefónica becomes a member the Executive Committee of the platform for leadership in Corporate Sustainability created by the United Nations

Telefonica | January 31, 2011 | Press Release Telefónica is one of 54 multinationals selected by United Nations to constitute the Global Compact LEAD, a leadership platform for the promotion of sustainability in the world. These companies are leaders in the global economy in sustainability.  Other three...

Argentina, Brazil sign energy, internet, transportation deals

Wall Street Journal | January 31, 2011 | Taos Turner BUENOS AIRES—The presidents of Argentina and Brazil signed a broad range of agreements Monday to cooperate on everything from nuclear power development to broadband expansion and regional pharmaceutical standards. In her first state visit abroad, Brazilian...

Better browsing on Bess Mobile

Opera Software | Jauary 31, 2011 | Press Release First OEM in Latin America to preinstall Opera Mini Oslo, Norway — January 31, 2011 Opera Software today announced that Bess Mobile is the first original equipment manufacturer (OEM) in Latin America to preinstall Opera Mini on its...

Telecom Italia unloads Etecsa for US$706mn – Cuba

Business News Americas | January 31, 2011 Telecom Italia (NYSE: TI) has sold the 27% stake it held in Cuban state telco Etecsa to state-run firm Rafin for US$706mn, TI announced. Rafin - a central bank-licensed entity that engages in financial activities such as leasing and import/export...

UPDATE 1-Mexico's America Movil offers to swap Telmex debt

* America Movil offers extends to 1.3 bln of Telmex notes * Investors have until March 3 to swap debt (Recasts, adds amount of debt swap and deadline) Jan 31 (Reuters) - Mexican billionaire Carlos Slim's flagship telecommunications provider America Movil said on Monday it would...

Chile-IT announces new CEO and expands executive team

IT Veteran Carlos Fernandez to Lead Chilean IT Organization, Chad Walter to Develop Partnerships to Drive Further Growth SANTIAGO, CHILE -- (Marketwire) -- 01/31/11 -- Chile-IT, America's IT Partner dedicated to increasing the growth of the Chilean tech industry in the U.S., today announced two new...

Viettel wins mobile licence in Peru

TeleGeography | January 31, 2011 The Wall Street Journal is reporting that Vietnamese military-run mobile network operator Viettel has won Peru's fourth mobile operator licence, citing an announcement from the investment agency ProInversion. The company reportedly plans to invest around USD27 million in the new...

Update: LTE in Latin America

Maravedis | January 26, 2011 | Cintia Garza Latin America is the quietest region in terms of LTE deployments and operator commitments. Other regions such as Europe and Asia Pacific have shown much more LTE activity, accounting for 35% and 26% of the 145 LTE...

Latin American eCommerce is 'Just Beginning,' declares Francisco Ceballos, MercadoLibre Mexico's country manager

Mercado Libre | January 27, 2011 | Press Release Regional Online Sales Growth Exceeds 30 Percent Annually NEW YORK, NY--(Marketwire - January 27, 2011) - According to Francisco Ceballos, Country Manager at MercadoLibre Mexico, internet sales in Latin America have grown at a compounded rate...

Latin American eCommerce is ‘Just Beginning,’ declares Francisco Ceballos, MercadoLibre Mexico’s country manager

Mercado Libre | January 27, 2011 | Press Release Regional Online Sales Growth Exceeds 30 Percent Annually NEW YORK, NY--(Marketwire - January 27, 2011) - According to Francisco Ceballos, Country Manager at MercadoLibre Mexico, internet sales in Latin America have grown at a compounded rate...

Intel to accelerate innovation expenditures

Business News Americas | January 28, 2011 | Matthew Malinowski The Latin America division of US chip manufacturer Intel (NYSE: INTC) plans to shuffle more budget toward innovation efforts this year, the company's Latin America general director, Steve Long, told BNamericas without providing hard figures. Intel...

Telefonica Venezuela RIM agree to block stolen Blackberrys

Wall Street Journal | January 27, 2011 | Ezequiel Minaya CARACAS (Dow Jones)--Venezuela's second-largest telephone service provider, Telefonica Venezuela, said it has reached agreement with Blackberry maker Research In Motion Ltd. (RIMM) to continue blocking service to handsets that are reported stolen. Officials at the local...

New Global Texting Champions crowned at 2011 LG Mobile World Cup in New York City – Team Panama

LG | January 27, 2011 | Press Release SAN DIEGO, January 27, 2011 /PRNewswire/ — LG Mobile Phones crowned the winner of the second annual LG Mobile World Cup today, naming the sister duo, Cristina Sales Ancines, age 20, and Jennifer Sales Ancines, age 15,...

S&T builds S&T Americas office with key appointments

S&T | January 28, 2011 | Press Release Strategy & Technology (S&T), a leading provider of interactive television technologies around the world, announced today that it has promoted Adrian Fowkes to Chief Technical Officer, Americas and Kate Chaux to Director of Operations, Americas, and has...

S&T builds S&T Americas office with key appointments

S&T | January 28, 2011 | Press Release Strategy & Technology (S&T), a leading provider of interactive television technologies around the world, announced today that it has promoted Adrian Fowkes to Chief Technical Officer, Americas and Kate Chaux to Director of Operations, Americas, and has...

Brasil Telecom SA (BTM) Posts Large Volume Increase, Hits $23.23

American Banking News | January 26, 2011 Shares of Brasil Telecom SA (BTM) saw unusually high trading volume on Wednesday. Approximately 521,419 shares changed hands during mid-day trading, an increase of 123.27% from the previous session. The stock last traded at $23.23. On a related note,...

Satélites Mexicanos, S.A. De C.V. announces comprehensive recapitalization

Satmex | January 25, 2011 | Press Release MEXICO, D.F.--(BUSINESS WIRE)--Satélites Mexicanos, S.A. de C.V. (“Satmex” or the “Company”) announced that it has reached an agreement with the holders (the “Supporting ...

Brazil regulator recommends approval of Vivendi buy of GVT

Wall Street Journal | January 27, 2011 | Paulo Winterstein SAO PAULO (Dow Jones)--Brazilian telecommunications regulator Anatel on Thursday recommended approval of Vivendi SA's (VIV.FR) takeover of GVT Holding, which still has to be cleared by antitrust regulators. Anatel had previously cleared the way for the...

Cisco expands talent-development efforts in Brazil

Cisco | January 26, 2011 | Press Release Introduction of 360 Learning Program and Authorized Cisco Training Support IT Talent Development Across Region Cisco today announced initiatives designed to increase Latin America's capacity to train, employ and retain highly qualified networking and systems engineers.  In Brazil,...

Sunrise Telecom and Calnex Solutions team up to deliver powerful test solution in Latin America

Business Wire | January 26, 2011  | Press Release Partnership will deliver Ethernet synchronization technologies to address carrier bandwidth demands MIAMI--(BUSINESS WIRE)--Sunrise Telecom (Pink Sheets: SRTI) and Calnex Solutions announced at ...