MEXICO CITY-Mexican operator America Movil said it acquired the 20 percent interest in Ecuadorian mobile operator Conecel that it does not already own from minority shareholders. The value of the transaction was not disclosed.America Movil now owns 100 percent of Conecel, which is the...
ATLANTA-BellSouth Corp. signed an agreement to sell its stake in Brazilian cellular provider BSE, also known as BCP Nordeste, to America Movil subsidiary Telecom Americas for an undisclosed amount. The sale is expected to close during the second quarter.BellSouth said it will continue to...
MEXICO CITY—America Movil, the mobile subsidiary of Mexico's TelMex, announced several transactions that will give it control of several Latin American companies currently held by Telecom Americas and centralize Telecom Americas' holdings in Brazil. Telecom Americas is the partnership among America Movil, SBC Communications...
MEXICO CITY-U.S.-based Williams Communications said it entered an agreement with America Movil, the wireless arm of Mexican telecom giant TelMex, to sell its 19-percent interest in Brazilian wireless provider Algar Telecom Leste (ATL) to America Movil. The financial terms of the transaction were not...
