Bovespa Declines on New Tax Concern, Commodity Slide; Real, Bolsa Retreat Nov 20, 2009
In Mexico, Telefonos de Mexico SAB, the phone company controlled by billionaire Carlos Slim, fell the most in more than a month after lawmakers said they would discuss allowing foreign investment in the phone industry. Mexican senators said yesterday they may soon discuss the proposal to eliminate a 49 percent cap on foreign ownership of landline phone companies. (Bloomberg -- Latin America)
Wall Street Journal CEO Council Identifies Specific Priorities for Business and Government to Ensure Sustainable Global Prosperity Nov 18, 2009
Opening the Journal's CEO Council meeting last night was Rahm Emanuel, chief of staff for President Barack Obama, in an interview with the Journal's Gerald Seib, followed by a panel discussion on the future of capitalism with Rupert Murdoch, chairman and chief executive officer, News Corporation; Carlos Slim Helu, lifetime honorary chairman, Telefonos de Mexico; and Ratan Tata, chairman, Tata Sons Limited. To conclude the CEO Council meeting, Peter R. Orszag, director, Office of Management and... (Primezone Releases)
Slim Says Jobs Growth Is What Matters for Economy, Not Financial Recovery Nov 18, 2009
Slim, deemed the worlds third-richest man by Forbes magazine, controls SAB, Latin Americas biggest wireless company, and Telefonos de Mexico SAB, Mexicos largest fixed-line carrier. He said his companies will spend about $7 billion next year, partly on networks in Latin America and real- estate and construction projects in Mexico. (Bloomberg -- Latin America)
World's Top Chief Executives to Convene at Wall Street Journal CEO Council Annual Meeting Nov 17, 2009
John T. Chambers, chairman and chief executive officer, Cisco Systems, Inc. * Kenneth I. Chenault, chairman and chief executive officer, American Express Company * Louis R. Chenevert, president and chief executive officer, United Technologies Corporation * Delos M. Cosgrove, M.D., president and chief executive officer, Cleveland Clinic * Lynn L. Elsenhans, chairman, president and chief executive officer, Sunoco, Inc. * Carlos Ghosn, president and chief executive officer, Nissan Motor Co., Ltd.;... (Primezone Releases)
America Movil Brazil Customer Growth Outpacing Latin America Through 2010 Nov 5, 2009
America Movil was spun off in 2001 from Telefonos de Mexico SAB. The company operates in 16 countries in addition to Brazil and Mexico, which together account for about 60 percent of revenue. Last month the carriers U.S. unit announced plans to sell the Straight Talk prepaid service nationwide through , the worlds largest retailer. (Bloomberg -- Latin America)
Megacable Climbs to 15-Month High on Speculation It May Be Takeover Target Oct 9, 2009
Megacable won more than 8,500 clients in August and September from Telefonos de Mexico SAB as its TV, Internet and phone service package lured customers, Wilson said, citing figures from regulator Cofetel. Megacable still has some kind of attractive element that Telmex cant quite match, Mexico City-based Wilson said. (Bloomberg -- Latin America)
Colombia's ETB Rises to 2-Year High as Phone Company Searches for Investor Jul 8, 2009
There are rumors about who is interested and that has led to lots of speculation, said , an analyst at Medellin-based brokerage Interbolsa SA. Dauder cited Telefonos de Mexico SAB, Telefonica SA and China Telecom Corp. as potential investors. ETB said on March 27 it was planning to begin the search for a partner. (Bloomberg -- Latin America)
America Movil Profit Rises as Mexican Wireless Subscribers Increase Usage Apr 29, 2009
He also controls Telefonos de Mexico SAB, Mexicos largest fixed- line phone company. America Movil today also announced a $1 billion, 10-year loan agreement with the China Development Bank to finance the purchase of network equipment. (Bloomberg -- Latin America)
Mexico's transportation secretary resigns Mar 4, 2009
Telefonos de Mexico SA, or Telmex, owned by the world's second-richest man, Mexican billionaire Carlos Slim, controls more than 90 percent of the nation's fixed phone lines, while his America Movil SA provides about 70 percent of cell-phone service in Mexico. Telmex also dominates Internet service, with 1. (KHOU.com, TX)
Mexican Industrial Output May Have Dropped by Most Since 2002 in December Feb 17, 2009
Telefonos de Mexico SAB, the countrys largest fixed-line telephone company, declined 9. 3 percent during the week after reporting on Feb. 9 that fourth-quarter net income fell 64 percent to 2. (Bloomberg -- Latin America)
Brazil Stocks Fall for 4th Day, Led by Banks, Iron-Ore Miners; Ipsa Drops Feb 13, 2009
In Mexico, Telefonos de Mexico SA, the nations largest fixed-line phone company, dropped 3. 3 percent to 11. (Bloomberg -- Latin America)
Excel version Feb 8, 2009
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