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Reality Check: Wave of consolidation washing over wireless

Editor's Note: Welcome to our weekly Reality Check column. We've gathered a group of visionaries and veterans in the mobile industry to give their insights into the marketplace. It’s been said that a rising tide raises all ships, but not so in the wireless...

Mexican Stocks: America Movil, Genomma Lab Gain; Televisa Falls

Bloomberg |By Jonathan J. Levin The following companies had unusual price changes in Mexico trading. Stock symbols are in parentheses and prices are as of 4:00 p.m. New York time. The IPC index fell 0.1 percent to 38,131.47. America Movil SAB (AMXL MM), the wireless carrier controlled...

Comcel approved the purchase of Telmex Colombia

Good Morning Colombia | December 26th, 2010 The board of the mobile phone giant has approved the purchase of 93.26 percent ofof the Mexican company with presence in the country . This confirms the rumor that the communications market analysts and stock aired for months in...

Newsmaker Interview with Carlos Slim at GW Global Forum-NYC, Oct. 29, 2010

Carlos Slim, chairman of Grupo Carso and chairman of Instituto Carlos Slim de la Salud spoke with Frank Sesno, director of GW's School of Media and Public Affairs at the GW Global Forum-New York City on Oct. 29, 2010. For more information about the...

Two Mexico telecoms may be fined for poor service

Reuters | Cyntia Barrera | Wed Dec 22, 2010 Dec 22 (Reuters) - A company controlled by billionaire Carlos Slim as well as an affiliate of broadcaster Televisa (TV.N) (TLVACPO.MX) could be lightly fined for providing poor service, a Mexican regulator said on Wednesday. In a...

Mexico's Stocks Rise At Open, As China Comments Boost Markets

By Laurence Iliff | Wall Street Journal | December 21, 2010 MEXICO CITY (Dow Jones)--Mexican stocks rose in early trading Tuesday, boosted by U.S. market gains and the cooling of fears over euro-zone sovereign debt. The IPC index of the 35 most-traded stocks was 0.5% higher...

Mexico's Leading Wireless Provider Telcel Chooses Aicent's MMS Hubbing Service for Global MMS Launch

SAN JOSE, CA -- (Marketwire) -- 12/20/10 -- Aicent Inc. (www.aicent.com) announced today that Telcel, Mexico's leading wireless services provider, has selected the Aicent MMS Gateway Service to provision their global multimedia message service (MMS) capabilities. Now Telcel is able to send and receive...

América Móvil Driving Investment

TeleInsight | December 2010 Incumbent operator Codetel , a unit of América Móvil , aims to invest US$250-300mn in 2011, improving coverage and service quality. Investment will be spread across the company's operations, upgrading fixed and wireless operations. With such strong growth reported across all markets, Codetel...

GSMA Elects New Board Members and Franco Bernabe as Chairman

15 December 2010, London, UK | GSMA The GSMA today announced that it has elected Franco Bernabè, Chief Executive Officer of Telecom Italia, as its new Chairman for a two-year term, from January 2011 through December 2012. As Chairman, he will help oversee the strategic direction...

Costa Rica accepts bids to offer cell phone service

By Alex Leff | SAN JOSE, Costa Rica | Reuters * First bids to end Costa Rica state-run telecom monopoly * Mexico's America Movil and Spain's Telefonica in running Mexico's America Movil and Spain's Telefonica placed bids on Tuesday to offer cell phone service in Costa Rica, pushing the...

NII Buys Brazil Airwaves for $715 Million to Fight Telefonica, Carlos Slim

Bloomberg | By Carla Simoes and Crayton Harrison  | Dec 14, 2010 11:37 AM CT NII Holdings Inc., operator of the Nextel brand in Latin America, paid 1.21 billion reais ($715 million) in a Brazilian government auction to gain airwaves to compete with Telefonica SA andAmerica Movil...

SmarTrend Watching for Potential Pullback in Shares of America Movil After 0.35% Gain (AMX)

Written on Tue, 12/14/2010 - 2:26am By Sarah Hashim-Waris America Movil (NYSE:AMX) traded in a range yesterday that spanned from a low of $56.80 to a high of $57.33. Yesterday, the shares gained 0.35%, which took the trading range above the 3-day high of $57.23 on volume...

Mobile now dominant in Chile

Mobile penetration in Chile has surpassed the 100% mark, as the country’s National Statistics Institute released a report showing that there are now 1.13 mobile devices in the South American country for every person.The agency noted that there were nearly 19.4 million mobile devices...

America Movil upgraded

December 13 2010 - 12:06 pm ET | Dan Meyer | RCR Wireless News Zacks Investment Research late last week upgraded its long-term recommendation on Latin American mobile operator America Movil S.A.B. de C.V. (AMX) from “underperform” to “neutral” citing the “growing Brazilian economy and...

Tech Billionaires: The Five Most Influential Geeks on Earth

Their technology drives our lives and our businesses. These super execs have changed the world and continue to do so You wake up in the morning and one of the first things you do is pick up your Smartphone to check for messages and missed...

Seven in race for Telekom stake

TeleGeography | Monday, 13 December 2010 Serbia’s Ministry of Finance has announced that seven companies have applied to participate in a tender for the 51% stake in Telekom Srbija being sold by the government. The seven are Deutsche Telekom, France Telecom, Telekom Austria, America Movil,...

America Movil CFO Sees 50 Million Potential Mexico Mobile Banking Users

Peter Elstrom| Bloomberg America Movil, Latin America’s largest wireless carrier, will offer financial services to about 50 million people in Mexico who have mobile phones and no bank accounts, Chief Financial OfficerCarlos Garcia Moreno said. That population is part of an “enormous” number of Latin Americans who...

Claro Brazil Becomes Fourth América Móvil Subsidiary to Launch Synchronica's Churn-Busting Mobile IM Solution

Highlights: Claro Brazil is offering the churn-reducing Claro Messenger IM Service to their more than 48 million-strong customer base. The launch in Brazil is the fourth successful roll-out of Synchronica's IM solution, which will ultimately be deployed across all 17 América Móvil subsidiaries. The agreement with América Móvil provides Synchronica with...

America Movil upgraded

Zacks Investment Research late last week upgraded its long-term recommendation on Latin American mobile operator America Movil S.A.B. de C.V. (AMX) from “underperform” to “neutral” citing the “growing Brazilian economy and improving macro conditions in Mexico and Argentina.”America Movil operates in 18 countries and...

Equity Research on America Movil S.A.B. de C.V. and NII Holdings Inc. — Wireless Surging in Latin and South America

Wednesday December 01, 2010 - 08:30 AM EST Marketwire News Release JOHANNESBURG, SOUTH AFRICA -- (Marketwire) -- 12/01/10 --www.stockcall.com/ offers investors comprehensive research on the wireless communications industry and has completed analytical research onAmerica Movil S.A.B. de C.V. (NYSE: AMX) and NII Holdings Inc. (NASDAQ: NIHD). Register with us...

Slim's America Movil gets into TV programming

(Reuters) - Leading Latin American wireless operator America Movil has begun producing programing for Colombian television, appearing to signal a first step into regional media from its owner, Mexican tycoon Carlos Slim. The company is a telecommunications giant in Latin America, but was not known...

America Movil's Claro Launches Synchronica Mobile IM Service

Highlights: Claro Argentina's launch represents the third deployment of Synchronica's Mobile IM service by the América Móvil Group to date Synchronica has a group-wide framework agreement - emanating from its acquisition of Colibria's IMPS IM business - to deploy the service across all 17 América Móvil...

America Movil Raises Capital Expenditure Plans;Gets Mixed Reviews

By Amy Guthrie, Of DOW JONES NEWSWIRES MEXICO CITY -(Dow Jones)- Reactions to America Movil's (AMX, AMX.MX) annual investor day ranged from delight to disappointment as Latin America's largest communications company reaffirmed expectations of strong cash flow growth, while increasing its capital expenditure plans and dashing...

Contracts: America Movil chooses ALU for backhaul; and Huawei wins Aero2 contract

November 23 2010 - 6:00 am ET | RCR Wireless Following are infrastructure contracts announced during the past week: Alcatel-Lucent Latin America: With America Movil to provide an IP/MPLS-based mobile backhaul solution to support next-generation mobile broadband services in 11 countries. Value: Undisclosed Huawei Poland: With Aero2 to supply an...