Latin American operator, America Movil, has launched its $21.8bn bid for control of three other regional telecoms firms. It sounds like big money but given that America Movil’s top man is none other than Carlos Slim Helu, the richest man in the world, such moves are to be expected.
In a week dominated by events as profoundly sobering as the Haitian earthquake and its aftermath, the news that the mobile industry will turn over more than $1 trillion for the first time in 2013 is given serious context. Aid agencies that are calling for donations in the stricken Caribbean nation report that £50 can buy a food parcel that will feed a displaced family for two weeks.
Carlos Slim, head of Latin American powerhouse America Movil and third richest man in the world, may be jumping a couple of spaces in the rich list on the back of a move to consolidate his empire.
Mexican carrier Telmex became a major shareholder in Portugal Telecom Friday, acquiring a 3.4 per cent stake in the company. The move throws a spanner in the works of Portuguese conglomerate Sonae’s Eur10.7bn (£7.4bn) hostile bid for Portugal Telecom. The stake was acquired via common stock and it is under stood the Telmex involvement was [...]
When we think of mobile communication there are a few images that flash in ones mind: one of the ongoing ...
Ericson is turning out to be a dissapointment especially in the way they are handling emerging markets:case in point - ...
Dimitris,you have it completely right with Operators focussing on increasing performance which will improve cusotmer experience. That is why ...
Dawinderpal, you are right that mobile operators are facing many challenges while transitioning to the next generation of backhaul on ...
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