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América Móvil looks to boost international presence, buys 21% stake in Telekom Austria

América Móvil said it has entered into an agreement with Marathon Zwei Beteiligungs GmbH, a wholly owned subsidiary of RPR Privatstiftung, to acquire approximately 21% of the outstanding shares of Telekom Austria, which counts 20.3 million wireless subscribers and 2.6 million fixed lines. If approved,...

KPN moves against América Móvil’s acquisition

Dutch telecom operator KPN has had a busy month attempting to counter a move by Mexico-based operator América Móvil, which is looking to increase its presence in the European market. About a month ago, América Móvil – the wireless carrier group controlled by...

America Movil to mimic Claro in standardized IT systems

MIAMI - Latin American telecom operator giant America Movil has begun a project to standardize its company's primary IT systems in the region. Named America Movil One, the project was launched after Brazilian Claro transformed its business process management systems by implementing a combination...

First KPN, then Simple Mobile: Why does America Movil seek to go abroad?

After making a play to increase its share in European operator KPN, America Movil said its U.S.-based subsidiary Tracfone Wireless has entered into an agreement to acquire mobile virtual network operator Simple Mobile, which offers SIM-based services using T-Mobile USA's network. The moves show the...

Does America Movil’s offer for 28% stake in KPN, European expansion make sense?

America Movil (AMX), the wireless carrier group controlled by Mexican Carlos Slim, May 8 offered about 8 euros per share to increase its stake in the Netherlands-based telecom company KPN NV - a price that is about 23.5% above KPN's Monday closing price. The partial...

Mexican government revokes América Móvil’s $925 M fine

The Mexican Federal Antitrust Commission (Comisión Federal de Competencia or CFC –Cofeco) has revoked a $925 million (11,989 million Mexican Pesos) April 2011 fine against Telcel for alleged monopolistic practices in the mobile termination market. Telcel belongs to the América Móvil group, which is controlled...

Brazil bolsters América Móvil’s 37.5% profits increase

Latin America's largest telecom group (measured by subscribers), América Móvil, posted an increase of 37.5% in net profit for the first quarter 2012, beating analysts’ forecasts largely due to the company's acquisition of the Brazilian cable television company, Net Servicos. Net income climbed to US$ 2.5 billion...

América Móvil-Banamex-Banco Inbursa mobile payment joint venture taps Gemalto

Gemalto announced it has been selected as the technology provider for Transfer, the service resulting from a joint venture between América Móvil/Telcel, Citibank´s Mexican unit Banamex, and Banco Inbursa. Launched October last year, the US$ 50 million mobile banking joint venture will store and...

Feature Report: Mexico – A complex wireless market with strong perspectives

Mexico's wireless telecommunications sector is dominated by the domination of América Móvil’s Telcel, which controls about 70% of the market. That domination by a single carrier had pushed government regulators to implement plans to improve the competitive landscape, though the efforts have so far...

Nextel’s 3G plans could limit competitive advantage across Latin America

Nextel Communications, owned by U.S.-based holding company NII Holdings, could lose its competitive advantage across Latin America due to delays of its 3G network deployment. Financial analysts have noted that the carrier's 3G plans could result in the carrier becoming lost in a sea...

Costa Rica’s Claro, Movistar request to postpone network deployment

América Móvil's Claro and Telefónica's Movistar, new entrants to Costa Rica’s wireless market, have appealed to the Ministry of Environment, Energy and Telecommunications (Minaet) to extend their network rollout deadline. Local paper El Financiero reported both telecom operators said they are facing difficulties installing...

Carlos Slim to launch Internet TV venture

Billionaire Carlos Slim Helú is set to launch an Internet TV network that will feature American television host Larry King, who has joined Helú as a co-founder of the network. Named "Ora.TV," the digital television venture will be funded by América Móvil, the leading...

Embratel unveils OTN backbone to meet enterprise demand

Brazil's Embratel, which belongs to América Móvil, unveiled a new backbone network based on optical transport network technology and targeting its enterprise costumers. "The new network will serve large companies, corporate clients and government," noted Ney Acyr, Embratel Empresas' executive director, to RCR Wireless...

Embratel, Telefónica alter product brands

As part of their "synergy" to integrate operations, Brazilian telecom operators Embratel, which belongs to América Móvil, and Telefónica's Vivo announced changes to some of their brand names. Follow RCR Wireless Americas on Twitter: @RCRAmericas and subscribe to our free periodic newsletters. Embratel’s residential television and fixed-telephony services will...

Telcos boost, set to benefit from cloud market

The global cloud computing market has been strengthened by telecom competition, which has also placed those companies in a prime position to take advantage of that growing market, according to a report from Pyramid Research. Analytical firm Infonetics Research also noted that carriers are...

Prepaid growth propels Tracfone towards 20M customers

Prepaid wireless provider Tracfone Wireless inched closer to the 20 million customer mark during the final three months of 2011, as the carrier said it finished the year with 19.8 million total customers. The carrier is owned by America Movil (AMX) and operates in...

América Móvil to invest $9 billion in 2012

América Móvil, which recently posted an increase in revenues and a drop in net income for its latest quarter, said it will invest up to $9 billion in its operations in 2012 as it looks to capture customers across Latin America and meet...

América Móvil revenues climb, net income falls

América Móvil SAB, the largest mobile-phone carrier by customer base in the Americas, said it ended 2011 with 300 million total customer connections, including 242 million wireless subscribers across its markets. During the final three months of last year, the company posted total revenues...

Alcatel-Lucent snares América Móvil LTE deal

Alcatel-Lucent (ALU) said it was selected by América Móvil to provide infrastructure for its LTE and 4G network rollout in Latin America. The deployment is expected to begin in Puerto Rico with mobile operator Claro, which is expected to launch commercial mobile broadband services in...

América Móvil set for enterprise-focused cloud strategy

A new study by market research firm Infonetics Research showed that carriers are embracing cloud computing as a key corporate strategy. On the same day that Brazilian operator Oi announced its Smart Cloud platform, América Móvil unveiled plans for cloud computing services across subsidiaries...

Embratel’ América Móvil can take control of Brazilian Net Serviços

The board of directors of Brazilian telecom regulator Anatel has unanimously agreed to relinquish control of Globo Comunicação e Participações SA on the Brazilian cable operator Net Serviços de Comunicação SA, and Carlo Slim’s América Móvil SAB, the biggest mobile-phone carrier in the Americas,...

Analyst Angle: Embracing or fighting off OTT messaging? Lessons from Latam

Editor’s Note: Welcome to our weekly feature, Analyst Angle. We’ve collected a group of the industry’s leading analysts to give their outlook on the hot topics in the wireless industry. There is no doubt that the question of what to do with over-the-top content (OTT) will...

Feature Report: Colombian mobile opportunities abound

Colombian government’s plan to boost telecommunications in the country is set to increase competition among operators and expedite the deployment of 3G services, broadband Internet and MVNO operations. Forget about the Colombia you may know from the 1990s. The current scenario is different and...

Two major Mexican carriers generate two-thirds of industry revenue, but account for less than one third of investment

The two major telecom operators in Mexico - fixed Telmex and mobile Telcel -, which together generate two-thirds of industry revenue, contribute less than one third of the investments. In a recent analysis, the local consulting and market research firm Competitive Intelligence Unit (CIU)...