Ecuador ended November with 15.76 million mobile subscribers, of which prepaid and GSM mobile phones accounted for the largest portion, according to the Ecuadorian Superintendence of Telecommunications (Supertel).
The country's prepaid base accounted for 13.35 million of users, while postpaid accounts numbered 2.41 million at...
América Móvil’s Telmex (BMV: TELMEX) said it intends to delist its American depositary shares from the New York Stock Exchange and the Nasdaq and its L Shares from the Mercado de Valores Latinoamericanos en Euros in Madrid (Latibex) and to terminate its American depositary...
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.
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, consulting firm Frost & Sullivan said in a study presented in to a small...
“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 consulting firm's newest study on the Brazilian telecommunications services market.
The investments of the biggest...
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.
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.
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 by the major wireless telecommunications operators in Costa Rica. GTP also acquired a significant...
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 and Leblon neighborhoods in Rio de Janeiro, and the number of hot spots could...
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 requested in August and September. Now, they are able to start operations in the...
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 interconnections fees. The company posted $1.4 billion of revenues in the quarter, buoyed by...
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 empire needs to perform several important investments for fixed broadband access, but that it...
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 on the development, integration and delivery of entertainment products made for digital distribution in...
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 venture will store and manage bank accounts associated with a cell number across the...
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, the Brazilian mobile carrier it acquired last year. The service launch was a fixed-telephone...
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 and fixed and mobile broadband Internet. Although it seems to be an upgrade to...
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 the year. This strategy prepares Claro for the future launch of 4G services. Claro...
Amdocs, 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 million net of Bridgewater's cash as of June 30, 2011. Read more.Vector Capital...
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 quarter of the year. Deployment is likely to be in large cities, such as...
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 Motta highway, but the operator said that before the end of 2011, the country's...
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 or Telmex.
Currently, América Móvil owns 59.4% and is the biggest shareholder of Telmex. The...
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 2010. Number portability in Colombia may reach 50 million subscribers. The user only needs...
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, the carrier has just over 64 million users, which represents 29.47% of market share.
TIM, from...
