Mobile Communications International Issue 150 May 2008
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America Movil interest in KPN shows shift in global power
America Movil’s intention to take over a 28 per cent stake in Dutch operator KPN is an indication of two important developments in the changing global telecoms sector. While some European operators are still expanding internationally, the balance of power in the global market is shifting away from old European players to emerging telecoms giants. At the same time, new global players from the emerging markets are looking to diversify their presence with the main objective of bringing in the know-how and experience of operators from the mature markets.
America Movil sets sights on Europe with KPN bid
Latin-American operator group America Movil has tendered a bid to take its stake in Dutch fixed-line and mobile operator KPN from 4.8 per cent to 28 per cent, as it aims to expand its geographic reach. The firm, bankrolled by billionaire Carlos Slim, is currently the third largest operator group in the world, in terms of subscriptions, according to Informa’s World Cellular Information Service (WCIS).
Mobile money service to serve unbanked in Mexico
Latin American operator group América Móvil is spearheading the launch of a mobile money service in Mexico, aimed to serve the nation’s underbanked population. The service, called Transfer, will be launched by a joint venture between the operator, Citibank´s Mexican unit Banamex and local bank Banco Inbursa.









