America Movil | March 15, 2011 | Press Release Mexico City, Mexico, March 15, 2011 — América Móvil, S.A.B. de C.V. (“AMX”) (BMV: AMX; NYSE: AMX; Nasdaq: AMOV; LATIBEX: XAMXL) announced that in today’s meeting, its Board of Directors decided …
America Movil
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America Movil | March 15, 2011 | Press Release Mexico City, Mexico, March 15, 2011 — Ame?rica Mo?vil, S.A.B. de C.V. (“AMX”) (BMV: AMX; NYSE: AMX; Nasdaq: AMOV; LATIBEX: XAMXL) announced that in today’s meeting, its Board of Directors decided …
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Capital Markets: Digicel acquires Claro; America Movil announces stock split; and more
by Sandra Cuyaby Sandra CuyaDigicel announced that it has signed an agreement with Am
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Business Week | March 11, 2011 | Associated Press Mexican telecom company American Movil plans to acquire a cell phone company’s operations in Honduras and El Salvador. Latin America’s largest phone service provider says it has reached a deal to …
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Wall Street Journal | March 9, 2011 | Anthony Harrup MEXICO CITY—Mexico’s largest phone company Telefonos de Mexico SAB said it plans to split into two companies, one of which will serve rural and marginalized areas where competitors haven’t invested. The …
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Wall Street Journal | March 9, 2011 | Anthony Harrup MEXICO CITY—Mexico’s largest phone company Telefonos de Mexico SAB said it plans to split into two companies, one of which will serve rural and marginalized areas where competitors haven’t invested. The …
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Contracts: Rio Olympics chooses Embratel and Claro; HBO and Motorola; and more
by Sandra Cuyaby Sandra CuyaEmbratel and Claro Brazil: With the Rio 2016 Olympic Games to be a national sponsor, exclusively in the Telecommunication Services categories. Thus, Embratel and Claro will be able to use the right of associating their brand to the Rio 2016 …
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Sports Business | March 7, 2011 | Matt Cutler A consortium of Embratel and Claro has been appointed as a national sponsor of the Rio 2016 Olympic Games. Embratel and Claro has acquired exclusive rights within the telecommunications category for …
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Bloomberg | March 4, 2011 | Laura Price Brazil Says Raising Rate to 11.75% Part of ‘Adjustment Process’ Brazil’s central bank signaled it will raise the benchmark interest rate for a third straight meeting next month, after pushing borrowing costs yesterday …
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Wall Street Journal | March 4, 2011 | JOSÉ DE CORDOBA MEXICO CITY—Three of Mexico’s most prominent billionaires—who were once a cozy group of amigos protecting each other’s backs—are now battling over how to divvy up the country’s $35-billion-a-year telecommunication and …
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América Móvil’s Porta Ecuador goes live with Synchronica mobile IM service
by Sandra Cuyaby Sandra CuyaSynchronica | March 1, 2011 | Press Release Highlights: Porta Ecuador offers Synchronica-based mobile instant messaging (IM) service to all 10.3 million subscribers Porta’s carrier-branded mobile IM service will create customer stickiness and reduce churn Synchronica’s industry-standard IMPS technology provides …
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Synchronica | March 1, 2011 | Press Release Highlights: Porta Ecuador offers Synchronica-based mobile instant messaging (IM) service to all 10.3 million subscribers Porta’s carrier-branded mobile IM service will create customer stickiness and reduce churn Synchronica’s industry-standard IMPS technology provides …
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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 …
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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 …
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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 …
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A group of top mobile operators have publicly committed to launching and supporting Near Field Communications technology in short order, according to the GSMA.The group of 15 global operators making the early commitment to launch NFC services in some markets …
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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 …
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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 …
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February 16 2011 – 12:15 pm ET | Dan Meyer | RCR Wireless News Latin American telecommunications provider América Móvil (AMX) said it will introduce a mobile advertising platform that will deliver targeted advertisements to mobile devices based on consumer …
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Up to 400mn subscribers to own smartphone in next 5 years – América Móvil – Regional
by Sandra Cuyaby Sandra CuyaBusiness News Americas | February 15, 2011 | Patrick Nixon As many as 400mn Latin Americans will have a smartphone in the next five years, as the boom in mobile data traffic use drives down the cost of these devices, …
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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.Sprint Nextel Corp. reported earnings last week, and it looks like the four …
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Bloomberg | February 10, 2011 | Betty Liu Feb. 10 (Bloomberg) — Mexican billionaire Carlos Slim talks with Bloomberg’s Betty Liu about his 2011 investment strategy in Latin America and his holdings in Saks Inc. and the New York Times …
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Reuters | February 8, 2011 | Michael O’Boyle * America Movil posts 4.7 pct drop in profits * Surprisingly strong growth in new mobile subscribers * Bigger stake helps lift Slim’s wealth to about $75 bln (Updates with earnings results, estimate …
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Reuters | February 8, 2011 | Michael O’Boyle * America Movil posts 4.7 pct drop in profits * Surprisingly strong growth in new mobile subscribers * Bigger stake helps lift Slim’s wealth to about $75 bln (Updates with earnings results, estimate …
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Reuters | February 4, 2011 | Cyntia Barrera Diaz Telcel, the commercial brand of tycoon Carlos Slim’s cell phone giant America Movil, proposed new, lower fees for its rivals to connect to the company’s massive network in Mexico on Friday. …