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Carrier Wrap: NTT tops in revenues; Leap expands Muve to Brazil

Editor’s Note: Wireless operators are a busy bunch, and as such RCR Wireless News will attempt to gather some of the important announcements that may slip through the cracks from the world’s largest carriers in a weekly wrap-up. Enjoy! --Japan’s NTT DoCoMo topped rivals worldwide...

LatAm Wrap Up: Smartphone tax break in Brazil; TIM to invest $175M in network expansion

The Brazilian government has approved a tax reduction for locally produced smartphones. According to the decree published in the Official Gazette, the PIS/COFINS tax levied on smartphones priced up to $763 (R$1,500) will be abolished. The exemption also includes digital routers. The measure has been...

Carrier Wrap: LTE continues U.S. expansion; Orange shuffles execs

Editor’s Note: Wireless operators are a busy bunch, and as such RCR Wireless News will attempt to gather some of the more important announcements from the world’s largest carriers that comes from the space in a weekly wrap-up. Enjoy! AT&T Mobility AT&T Mobility unveiled business focused...

Mexico proposes telecom reforms aimed at increasing competition

Mexico's president, Enrique Peña Nieto, yesterday announced a range of reforms for the telecommunications sector designed to promote increased competition. The country's telecom sector is currently controlled by América Móvi, leader in both mobile and land lines, and Grupo Televisa. According to the proposed reforms...

MWC 2013: Telefónica, América Móvil to launch Firefox OS across Latam

The two leading telecom groups in Latin America, América Móvil and Telefónica, are preparing to launch handsets featuring the Firefox OS. The companies released launch details at the Mobile World Congress (MWC—check out all pieces) in Barcelona this week. The Spanish group Telefónica said their handsets...

Tracfone continues strong no-contract performance

One, of many, interesting points to come out of today’s financial results from América Móvil was the continued success seen by its U.S.-based Tracfone Wireless operations that continued to make strides in gaining prepaid customers América Móvil noted that Tracfone managed to add 753,000 net...

América Móvil’s Q4 profits below expectations

The fourth quarter profits of Latin America’s largest telecom company, América Móvil, have disappointed analysts. The telecom operator's revenue for the fourth quarter of 2012 was down 1.1% year-over-year, and its net income was down 8.2%. According to Reuters, América Móvil's fourth quarter profits of...

Claro expands LTE coverage in Brazil

Claro, the Brazilian unit of América Móvil, is expanding its LTE coverage, announcing the launch of LTE services in the city of Curitiba in southern Brazil. Claro was the first carrier to launch LTE services in the country. In Brazil, LTE is deployed in...

2013 Predictions: Brazil’s telecom market set for change in 2013

2012 represented a milestone for the Brazilian mobile market. Mobile telephony reached density of more than 130 lines per 100 inhabitants and the country is likely to have, for the first time,

Claro Chile conducts LTE trials, plans to launch service early next year

Claro Chile said it has conducted trials using LTE technology with the goal of launching services during the first quarter of 2013. According to the rules set by Chilean telecom regulator Subtel, telecom operators have 12 months starting from July this year when LTE...

Colombia postpones LTE auction to February, allows Claro to bid

Colombia's LTE auction has been postponed again. The government announced that it will take place in February next year, and América Móvil's Claro will be allowed to bid in the 2.5 GHz. The main reason for so many delays was the polemic debate over the...

América Móvil to invest $10B in 2013

After releasing positive third quarter results, the giant Latin American telecom group América Móvil released its forecast of U.S.$10 billion in investments during 2013—an amount similar to the amount in 2012. Follow RCR Wireless News—Americas on Twitter, Facebook and subscribe to our free periodic newsletters The main purpose of the...

América Móvil posts increased net profit, revenues

Mexican telecommunications giant América Móvil reported good performance for its third fiscal quarter, with net profits up 67% year-over-year thanks to foreign exchange gains. According to its report, a foreign exchange gain of $691.34 million in the quarter led to a comprehensive financing income...

Analyst Angle: Foreign telecom investment in Mexico

As the second largest telecommunications market in Latin America, Mexico commands great interest from foreign companies. Nevertheless, over the last decade most of the attention has originated

Futurecom 2012: Claro launches video streaming to battle OTT players

RIO DE JANEIRO – Brazilian operator Claro is looking to get the upper hand in its battle with over-the-top players by rolling out a streaming movie service that offers on-demand content. The offering, dubbed Claro Video, is part of the carrier's strategy to expand...

Embratel invests $50 million in new data center to offer cloud services

Offering cloud computing services is a logical step for telecom operators, since they own network connections, which is the most crucial part of the cloud ecosystem. Yesterday, Sept. 26, Brazil's Embratel, which belongs to América Móvil, launched a data center in São Paulo focusing on...

Claro launches LTE pilots in 3 Brazilian cities

Brazil's LTE journey has started a new chapter: América Móvil's local mobile unit, Claro, announced yesterday that it has deployed LTE networks in three tourist cities in the states of São Paulo and Rio de Janeiro: Campos do Jordão, Búzios and Parati. Follow RCR Wireless Americas on...

NET Serviços to increase investments, double cities, expand Wi-Fi hotspots

Brazilian NET Serviços, owned by América Móvil, plays an important role for the company by selling triple play services (fixed broadband, pay-TV and wireline phone). América Móvil attributes its Brazilian second quarter revenue growth—which was up 4.1% year-on-year to U.S.$3.7 billion (R$7.5 billion)— to...

América Móvil’s net income fell 46% in Q2

After Spain-based Telefónica released its financial results and canceled dividends, its biggest competitor in the Latin American market, América Móvil, (AMX) reported a 45.5% drop in second-quarter net income compared to 1Q211. América Móvil reported $1.001 million (13.252 million Mexican pesos) in the quarter. América Móvil also had...

Potential GVT sale raises speculation on buyers; bids by Telefónica, América Móvil

It was rumored on Friday that the French group Vivendi is considering selling its Brazilian telecom unit, GVT. The news service Reuters cited  sources familiar with the issue, and noted that the sale could help Vivendi's falling shares recover. A sale of GVT could be worth up...

América Móvil reaches goal of 28% stake in KPN

Carlos Slim did it. In its third move within a month, telecom group América Móvil, which is controlled by billionaire Slim, reached its goal of increasing its stake in Dutch-based KPN NV from 4.8% to 27.7%. KPN shareholders representing nearly 40% of all shares...

Targeting European market, América Móvil increases KPN stake

Mexican billionaire Carlos Slim is continuing his quest to increase América Móvil’s (AMX) share of the European market, intensifying its rivalry with Telefónica. In the latest chapter of AMX's effort to achieve a 28% stake in the Netherlands-based telecom company KPN NV, AMX  announced...

América Móvil closes Simple Mobile acquisition, consolidates U.S. prepaid presence

América Móvil consolidated its dominate position in the U.S.-based prepaid space, announcing the closing on the acquisition of Simple Mobile. The deal, which was announced earlier this year, adds approximately 1 million prepaid customers to América Móvil’s U.S. operations that are centered on the...

América Móvil takes 8.46% stake in KPN

Latin America telecom giant América Móvil has moved forward on its plans to increase its stake in Dutch-based telecom company KPN, saying it now holds 8.46% of KPN's stock. According to its statement, América Móvil has entered into three separate transactions pursuant to which it purchased...