Mexico’s telecommunications regulator, IFT, has imposed a $3.69 million fine on fixed-line operator Telmex for monopolistic practices in long-distance services. IFT said Telmex committed a serious infraction by ignoring competitor …
Telmex
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The Mexican Federal Competition Commission (Comisión Federal de Competencia—CFC) has fined América Móvil’s fixed line company Telmex U.S.$51.6 million (657 million pesos) for denying interconnection through its dedicated links to competitor …
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A new study by market research firm Infonetics Research showed that carriers are embracing cloud computing as a key corporate strategy. On the same day that Brazilian operator Oi announced …
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The board of directors of Brazilian telecom regulator Anatel has unanimously agreed to relinquish control of Globo Comunicação e Participações SA on the Brazilian cable operator Net Serviços de Comunicação …
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The two major telecom operators in Mexico – fixed Telmex and mobile Telcel -, which together generate two-thirds of industry revenue, contribute less than one third of the investments. In …
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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 …
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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.
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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 …
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Expecting a transformation in Latin America’s telecommunications networks, Ciena Corp. said it believes region will grow at higher rates than other markets. “Latam is one area of great growth for Ciena. …
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Net income for the second quarter at Mexican fixed line incumbent Telefonos de Mexico SAB fell 11.8% from the year-ago period. Telmex’s revenue also dropped 2.9% from the year-ago period …
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Reuters | April 7, 2011 | Andre Grenon (Reuters) – Telmex, the telecommunications giant controlled by Mexican billionaire Carlos Slim, said it won a contract to provide the platform for …
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TeleGeography | March 28, 2011 Mexican telecoms group America Movil (AM) has decided to rebrand fixed broadband unit Telmex Ecuador under the Claro moniker used across AM’s Latin American operations, …
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Wall Street Journal | March 10, 2011 | Jose De Cordoba MEXICO CITY–Three powerful billionaires, lambasting one another as “monopolists” and “duopolists,” filed complaints against each other Wednesday, ratcheting up …
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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 …
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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 …
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Grupo Mercatel | March 9, 2011 | Press Release — To lower the rates, 9 pending interconnection proceedings with COFETEL must be resolved — Telmex-Telcel repeatedly violate their concessions: there …
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Grupo Mercatel | March 9, 2011 | Press Release — To lower the rates, 9 pending interconnection proceedings with COFETEL must be resolved — Telmex-Telcel repeatedly violate their concessions: there …
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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 …
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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 …
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Telecommunications Companies in the U.S. Condemn the lack of action of the Mexican government against the Telmex monopoly in Mexico
by Sandra Cuyaby Sandra CuyaPR Newswire | February 3, 2011 — Telecommunications companies in the United States, represented by COMPTEL, express concern about the independence of COFETEL and hope it will achieve the autonomy …
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Telmex to see some synergies with América Móvil in 2011, CFO says – Mexico
by Sandra Cuyaby Sandra CuyaBusiness News Americas | February 7, 2011 | Juan Pedro Tomás Mexican telecoms operator Telmex expects to see some synergies with its controlling company América Móvil (NYSE: AMX) this year, …
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Reuters | February 3, 2011 | Michael O’Boyle and Tomas Sarmiento * Net profit of 3.39 bln pesos below estimates * EBITDA and revenues also miss, taxes higher * Sheds …
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Reuters | February 3, 2011 | Michael O’Boyle and Tomas Sarmiento * Net profit of 3.39 bln pesos below estimates * EBITDA and revenues also miss, taxes higher * Sheds …
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Telcordia expands in Brazil with new development centre in Rio de Janeiro
by Sandra Cuyaby Sandra CuyaTelcordia | February 1, 2011 | Press Release Telcordia increases its expert business and development support for the communications sector in CALA PISCATAWAY, N.J /PRNewswire/ — Telcordia, a global leader …
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* America Movil offers extends to 1.3 bln of Telmex notes * Investors have until March 3 to swap debt (Recasts, adds amount of debt swap and deadline) Jan 31 …