America Movil is continuing its buying spree by acquiring 51 percent of Salvadorian company CTE, which provides mobile and fixed services in El Salvador, for $417 million. America Movil is buying the stake from France Telecom, which is exiting the Salvadorian and Argentine markets,...
MEXICO CITY-Continuing its buying spree, Mexico-based mobile operator America Movil said its $625 million offer to acquire Brazilian mobile operator BCP was accepted. Telemar Norte Leste has an option to acquire a stake of BCP.The deal signals the complete exit of BellSouth Corp. from...
VIENNA, Va.-Cramer Systems will provide Chile's Entel PCS Telecomunicaciones S.A. with an inventory management solution to manage its nationwide network and to automate delivery of services. "Cramer has had an outstanding record in winning new mobile business because operators know we understand how to...
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...
