Mexicos Slim plans Investment plan to radically update Mexico’s “Digital Infrastructure”

in
Mexico
Posted January 21st, 2010 at 1:45 pm
Mexicos Slim plans Investment plan to radically update Mexico’s “Digital Infrastructure"
From: Daniel Hernandez
At a sleek press conference inside his Telmex Institute in Mexico City’s historic downtown, Slim and several of his top corporate deputies announced a $10 billion-peso three-year investment plan to radically update Mexico’s “digital culture.” A separate multi-million-dollar initiative to fund genome research came on Tuesday.
The idea, Slim said, is to make Mexico more ...
America Movil will become one of the world’s largest telecom operators

in
Mexico
Posted January 18th, 2010 at 11:53 pm
Mexican Billionaire Carlos Slims America Movil will become one of the world's largest telecom operators
Once Slim's companies are combined, America Movil will have clients with a total of 250 million connections, making it one of the world's largest telecom operators.
Telmex is by far Mexico's largest fixed-line operator with more than 80 percent market share, but cable television companies have begun to grow in recent years by offering their own Internet and phone service. Mexican reg...
Telecommunications giant Telefonos de Mexico SA
Mexico's Telmex: More computers could help profits. MEXICO CITY -- Telecommunications giant Telefonos de Mexico SA said Thursday that the only way to continue its gains.
Investments expected to increase amid rising competition.
Mexico's largest fixed-line telephone company, Telefonos de Mexico SA, said Thursday that it doesn't plan to change its guidance for capital expenditures of eight billion pesos ($619 million) in 2009 even after making heavy investments earlier in the year, accordin...