Amid a double-digit increase in global revenue during its fiscal first half, Digicel Group has completed its acquisition of Claro, América Móvil’s business in Jamaica, and the sale of its business in Honduras to América Móvil.
America Movil
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Brazil’s telecom services market is poised to grow to U.S. $97 billion in 2016 from $66 billion in 2010, driven mostly by the increase of pay-TV, broadband and mobile data, …
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“The investments in the telecommunications market had not been so high since the Brazilian privatization in 1998,” said Renato Pasquini, Frost & Sullivan’s industry analyst, during a presentation of the …
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Carlos Slim’s América Móvil and AT&T Inc., the largest U.S. telecommunications company by revenue, signed a memorandum of understanding to deliver enhanced communication services to multinational companies throughout Latin America and to so-called multilatinas around the world.
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Carlos Slim’s América Móvil SAB will pay $4.6 billion (or 62.1 billion pesos) to increase its stake in Teléfonos de México SAB from 59.4% to 92.8%, securing control of Telmex.
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Global Tower Partners, a U.S.-based provider of outsourced antenna site facilities, announced the purchase of 250 towers from Centennial Towers CR, SRL. The towers were constructed and are currently occupied …
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Brazilian carrier Oi recently announced the start of a shared broadband Wi-Fi project in Rio de Janeiro. The Wi-Fi project will begin with about 150 hot spots in the Ipanema …
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Costa Rica’s telecom monopoly is coming to an end. The nation’s telecommunications regulator Sutel has granted mobile operators Claro (Carlos Slim’s América Móvil) and Telefónica’s Movistar the mobile numbers they …
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América Móvil (AMX) saw its net profits drop 21% during the third quarter compared to the same period in 2010, which the carrier attributed to the exchange rate and lower …
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Carlos Slim’s America Movil is set to invest $10 billion in the Latin America region over coming years. During the ITU World Telecommunication in Genebra, Slim told Reuters that his …
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Carlos Slim’s América Móvil S.A.B. de C.V. (“AMX”) said it had entered into an agreement with Argentina-based Claxson Interactive Group Inc. to acquire content distributor DLA Inc. DLA is focused …
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América Móvil SAB is teaming up with Citigroup Inc.’s Banamex and the financial services Grupo Financiero Inbursa SAB in a $50 million mobile banking joint venture. Called Transfer, the joint …
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The day after América Móvil’s three Brazil-based operations – Net, Embratel and Claro – launched a range of integrated services, Telefônica Brazil announced its first products package integrated with Vivo, …
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América Móvil’s 3 companies based in Brazil – Net, Embratel and Claro – launched today (October 5) a range of integrated services that combines high-definition of pay-television, mobile and fixed-telephony …
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Claro, the Brazilian operator owned by Carlos Slim’s América Móvil (AMX), announced that it is updating its radio access network to be all Internet Protocol based by the end of …
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Capital Markets: Amdocs acquires Bridgewater; Slim's stake in the Times; and more
by Sandra Cuyaby Sandra CuyaAmdocs, announced that it has completed the acquisition of Bridgewater Systems Corporation, provider of policy management and network control solutions. The transaction is valued at approximately CAD$211 million, or CAD$139 …
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Mexican carrier Telcel is preparing to launch LTE services in 2012. Currently, the America Movil-owned carrier is working on trials, with plans for a pilot project scheduled for the last …
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Mobile operator Claro, which is part of the Am
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Mobile operator Claro, which is part of the América Móvel group, has launched HSPA+ services in Panama. The network is currently available in Panama Metro, Colón and along the Alberto …
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Mexican telecom giant América Móvil, owned by billionaire Carlos Slim, is offering US $6.5 billion to acquire from shareholders the entire ownership of its fixed-line operation Telefonos de Mexico SAB …
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Colombian mobile users can switch operators and keep their existing numbers beginning today (July 29). The number portabilitywas possible by a law passed in 2009 and a resolution adopted in …
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Brazilian carrier Vivo, which was bought by Spanish operator Telefônica in July 2010, kept its leadership in mobile access during the first half of 2011. According to numbers just released by Anatel, …
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América Móvil’s net profit (earnings) of 24.1 billion pesos (US$ 2.1 billion) increased 14.1% in the second quarter of 2011, compared to the same period year earlier. Earnings were equivalent …
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A number of emerging nations are highlighted in analyst Chetan Sharma’s telecommunications predictions, released earlier this month. Brazil takes fifth place in total number of subscribers, while Mexico takes the …
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WSJ | June 7, 2011 | Anthony Harrup MEXICO CITY (Dow Jones)–Citigroup unit Banamex said the selloff this year in shares of Mexican telecommunications giant America Movil SAB (AMX, AMX.MX), which …