America Movil

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 …

“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. …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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. …

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% …

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 to 61 peso cents per share and US$ 1.04 per …

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 10th spot. China leads in the number of subscribers,  but …

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 faces increasing regulatory pressure and stepped up competition, has been …