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Tag: mexican
In A Surprising Move, Mexican Billionaire Carlos Slim To Sell Telecom ...
2014-07-09 18:38:38| Telecom - Topix.net
Amrica Mvil , Mexican billionaire Carlos Slim Hel's telecom giant, announced Tuesday that it was selling assets to comply with Mexico's new anti-trust telecom rules that forbid companies from controlling more than 50 % of market share.
Tags: sell
move
carlos
telecom
America Movil to sell assets to avoid Mexican regulation
2014-07-09 08:53:00| Telecompaper Headlines
(Telecompaper) America Movil announced plans to divest some of its assets in Mexico in order to avoid further regulation as a dominant operator. The company's Mexican subsidiaries Telmex and Telcel were designated "preponderant economic agents" earlier this year under reforms of Mexican telecom law. They are set to face further asymmetric regulation under another round of reforms going through congress. America Movil said it would sell certain assets in Mexico to a "new and solid carrier" independent from America Movil that has the experience and resources to develop the activities and "overcome the obstacle of the insufficient investment made by our Mexican competitors". The company did not say which assets are concerned or who the potential buyer could be, but said it expects to receive a commercial price for the activities. In addition, Telcel will spin off all its base station sites, including towers and related passive infrastructure, into a new company and open these up for use by competitors. In the fixed market, Telmex is waiving its option to acquire 51 percent of pay-TV provider Dish Mexico. However it will continue to work with Dish on distributing and supporting its services. Telmex noted the same support services, such as billing and equipment rental, are available to other carriers, including cable and satellite providers. The proposals remain subject to a number of approvals, including government and regulatory bodies and the company's own board and shareholders.
Tags: sell
america
avoid
regulation
'Montejo isn't known to Mexican or Hispanic consumers':...
2014-07-04 01:30:23| Beverages - Topix.net
Modelo Especial beer sales are soaring in places like Southern California, and Constellation Brands is unfazed by ABI's pending launch of rival Montejo Rob Sands insists Constellation Brands 'will stick to its knitting' as beer rival AB InBev launches Mexican import brand Montejo this year and insists the beer poses no special threat to his firm's ... (more)
Tags: consumers
mexican
hispanic
What U.S. Brewers Could Learn From Mexican Beer
2014-06-29 17:59:47| Beverages - Topix.net
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Tags: learn
beer
mexican
brewers
Mexican helicopter crosses border: Shots fired in Arizona, US Border Patrol says
2014-06-28 22:57:21| IT Services - Topix.net
U.S. Border Patrol agents may continue to use deadly force against people who throw rocks and other objects at them, according to Border Patrol Chief Mike Fisher.
Tags: says
arizona
border
shots
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