AT&T divested itself of 540 million shares in Latin American-based telecom giant America Movil in a move the carrier said was designed to maintain its position in America Movil following recent share repurchases by that operator.
In a Securities and Exchange Commission filing, AT&T noted...
4G Americas reported that there are now 20 commercial LTE networks in nine Latin American countries: Antigua and Barbuda, Bolivia, Brazil, Colombia, the Dominican Republic, Mexico, Paraguay, Puerto Rico and Uruguay. In May, there were about 136,000 LTE connections in Latin America, and that...
Latin American mobile users are concerned about data privacy when they are using applications. GSMA, which represents the interests of mobile operators worldwide, surveyed 4,500 mobile users in Brazil, Colombia and Mexico about mobile privacy issues. Pat Walsh, who is responsible for privacy at...
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...
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...
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'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...
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...
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...
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, 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...
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 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'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...
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.
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The main purpose of the...
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...
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
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...
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...
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.
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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...
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...
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...
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...
