BROWSING: Americas
Maxcom Telecomunicaciones appoints new chief executive officer
Maxcom | February 23, 2011 | Press Release
MEXICO CITY, Feb. 23, 2011 /PRNewswire/ -- (NYSE: MXT, BMV: MAXCOM.CPO) -- Maxcom Telecomunicaciones, S.A.B. de C.V.("Maxcom" or the "Company") today announced that Mr. Salvador Alvarez has joined the Company as Chief Executive Officer (CEO), replacing Mr. William Nazaret who has been with the...
America Movil inks rural telecoms services contract in Peru
Andina | February 24, 2011
Lima, Feb. 24 (ANDINA). America Movil has signed the contract for provision of telecoms services in Central and North Peru. America Movil won the tender for this project at the beginning of January.
The contract was awarded by the Peruvian Ministry...
NII gains most in 10 months on record subscriber growth
Bloomberg | February 24, 2011 | Crayton Harrison
NII Holdings Inc., the wireless carrier that uses the Nextel brand in Latin America, gained the most in 10 months in Nasdaq Stock Market trading after reporting record subscriber additions in the fourth quarter.
The mobile-phone company rose...
UPDATE 2-Brazil Vivo's profit surges on costs, customers
Reuters | February 24, 2011 | Stuart Grudgings & Maureen Bavdek
* Profits surge on lower depreciation, customer increase
* Net sales up 10.1 percent, subscribers up 16.5 percent
* EBITDA rises 20.9 percent from year ago (Adds analysts' expectations, investment plans)
RIO DE JANEIRO, Feb 24 (Reuters) -...
Equinix expands to South America with Brazil data centre purchase
TeleGeography | February 23, 2011
Equinix, a provider of global data centre services, in partnership with Riverwood Capital, a technology-focused private equity firm, has agreed to acquire 90% of ALOG Data Centers of Brazil for around USD127 million, with a call option to take 100%...
Facebook poaches Google’s top executive in Latin America
New York Times | February 22, 2011 | Miguel Helft
The fight for talent between Google and Facebook — or more precisely, the flow of Google employees to Facebook — is not just a Silicon Valley affair.
Facebook has hired Alexandre Hohagen, the top Google executive in Latin America,...
Premier operator in Brazil selects RADCOM’s NGN Solution
RADCOM | February 22, 2011 | Press Release
RADCOM Continues Success in Brazil
TEL AVIV, Israel - RADCOM Ltd. (NASDAQ: RDCM) a leading Service Assurance provider, today announced that a Tier-1 operator in Brazil has selected RADCOM’s Service Assurance Solution to monitor their NGN network (Next Generation Network). This deal...
NII holdings has selected Huawei as its 3G W-CDMA supplier in Mexico and Brazil
PR Newswire | February 2011 | Press Release
Selected to develop and provide W-CDMA-based networks and related services in Mexico and Brazil positioning NII to offer next-generation wireless services
BARCELONA, Spain, PRNewswire -- GLOBAL MOBILE WORLD CONGRESS -- Huawei, a leader in providing next generation telecommunications network...
UPDATE 1-C&W Comms to sell Bermuda ops, buy back shares
Reuters | February 23, 2011 | Adveith Nair & Paul Hoskins
* Canada's Bragg Group to fund deal with cash
* Deal expected to close by end-March
* C&W announces share buyback of up to $100 mln
LONDON, Feb 23 (Reuters) - Cable & Wireless Communications (CWC.L) said it would...
UPDATE: Telecom Argentina profit up on internet, wireless sales
Wall Street Journal | February 22, 2011 | Shane Romig
Of DOW JONES NEWSWIRES
BUENOS AIRES (Dow Jones)--Telecom Argentina SA (TEO, TECO2.BA), one of the country's largest phone companies, saw its fourth-quarter net profit rise sharply on the back of higher broadband internet and wireless sales.
Telecom...
Oi plans to slash debt doubted by bondholders: Brazil Credit
Bloomberg | February 20, 2011 | Felipe Frisch and Fabiola Moura
Tele Norte Leste Participacoes SA, the holding company that controls Brazil’s largest fixed-line telephone service provider and the most-indebted telecommunications operator in Latin America, says it will cut obligations relative to earnings by 50 percent...
Trilogy's Voila Commits Technology and Establishes Private Sector Fund to Support Free and Fair Elections in Haiti
PR Newswire | February 21, 2011 | Press Release
BELLEVUE, Wash., Feb. 21, 2011 /PRNewswire/ -- Understanding the critical need for Haiti to conduct a successful presidential run-off election on March 20th, Haitian wireless provider Voila announced today it will provide Haiti's Provisional Electoral Council (CEP) with enhanced text messaging capabilities...
Telefónica introduces Tokes, a new way to communicate through SMS
Telefonica | February 17, 2011 | Press Release
This new mobile messaging system is easy to use, useful and a lot of fun. Tokes can be used to send frequent messages such as “I’ve arrived”, “I'm busy” or “OK” in a new and different way. When a...
TIM Brasil Q4 net income rises to 1.9 bln reais
Reuters | February 21, 2011 | Guillermo Parra-Bernal and Raymond Colitt
Feb 21 (Reuters) - TIM Participacoes (TCSL3.SA)(TCSL4.SA), Brazil's third-largest wireless phone company on Monday reported net income was a higher than forecast 1.9 billion reais ($1.14 billion) in the fourth quarter, compared with 416...
America Movil unit to invest $180 million in Ecuador in 2011
Wall Street Journal | February 17, 2011 | Mercedes Alvaro
Of DOW JONES NEWSWIRES
QUITO (Dow Jones)--Ecuador's largest cellphone company, Porta Celular, the local unit of Mexican communications giant America Movil SAB, (AMX, AMX.MX) plans to invest about $180 million during 2011 in the Andean country,...
Mexico tycoon rivalry worsens over jump in ad rates
Reuters | February 21, 2011 | Cyntia Barrera Diaz
(Reuters) - Billionaire Carlos Slim pulled advertising from Mexico's top broadcaster after ad rates spiked by 20 percent, a Slim spokesman said on Sunday, in a deepening rivalry between two of the country's top tycoons.
But while Slim's...
Telefónica launches seen more than doubling IPTV subscribers this year
Business News Americas | February 21, 2011 | Juan Pedro Tomás
Latin America is expected to reach some 910,000 IPTV connections by year-end compared with 400,000 at end-2010, consultancy firm Dataxis NexTV research director Carlos Blanco told BNamericas
"The market will experience a significant expansion this...
Crossgate offers AFIP-integrated e-Invoicing solution for SAP customers in Argentina
Crossgate | February 2011 | Press Release
Fully Integrated Solution Will Help SAP Customers Meet Upcoming New Regulatory Requirements for Real-Time Import and Export e-Invoicing
ATLANTA--Crossgate Inc., the global expert in business-to-business integration (B2B), is offering a new e-invoicing solution that provides real-time integration with Argentina’s...
RAD Opens Mexico Office
RAD | February 16, 2011 | Press Release
Oscar Tenorio Calleja Appointed Country Manager
RAD Data Communications, the international manufacturer of telecommunications access solutions, has announced the establishment of an office in Mexico City. RAD Mexico will focus on the continued development of the company’s relationships...
Dassault Systemes promising cloud offering, Colombia offices by year's end
Business News Americas | February 18, 2011 | Matthew Malinowski
Rolling out both a cloud-based offering and opening Colombia offices are among French software provider Dassault Systemes' Latin American priorities this year, the company's regional president, Marcelo Lemos, told BNamericas.
The French firm recently introduced its...
Dassault Systemes promising cloud offering, Colombia offices by year’s end
Business News Americas | February 18, 2011 | Matthew Malinowski
Rolling out both a cloud-based offering and opening Colombia offices are among French software provider Dassault Systemes' Latin American priorities this year, the company's regional president, Marcelo Lemos, told BNamericas.
The French firm recently introduced its...
Telefonica looking to buy Vivo common shares
Bloomberg | February 16, 2011 | The Associated Press
SAO PAULO (AP) — Spain's Telefonica plans to hold a public tender to pay up to $1 billion for outstanding common shares in Vivo, Brazil's top mobile company it already has a large stake in.
Vivo says...
Televisa faces loss of advertising
Wall Street Journal | February 18, 2011 | Jose De Cordoba
MEXICO CITY—Companies controlled by Mexican billionaire Carlos Slim have decided to stop advertising through the country's biggest broadcaster, Grupo Televisa SAB.
The move by Mr. Slim, expected to cost Televisa some 4% of its advertising...
America Movil Unit To Invest $180 Million in Ecuador In 2011
Wall Street Journal | February 17, 2011 | Mercedes Alvaro
Of DOW JONES NEWSWIRES
QUITO (Dow Jones)--Ecuador's largest cellphone company, Porta Celular, the local unit of Mexican communications giant America Movil SAB, (AMX, AMX.MX) plans to invest about $180 million during 2011 in the Andean country,...