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Tag: america
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.
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America Movil to Break Up Mexico Unit Amid Regulator Demands
2014-07-09 07:04:48| Telecom - Topix.net
America Movil SAB plans to break up its Mexican business, bending to new antitrust rules that threatened profit-crushing restrictions if billionaire Carlos Slim's communications giant remained dominant.
Tags: america
mexico
unit
break
New IPC Report Highlights Business Implications of On-Shoring In North America
2014-07-09 06:00:00| Industrial Newsroom - All News for Today
Report in IPC's series of on-shoring studies, On-Shoring in the North American Electronics Industry: Update on Trends and the Impact on Companies, has been published by IPC. Presenting data collected by IPC over past 2 years, this particular report highlights North American electronics industry trends in on-shoring and domestic sourcing. Report also includes new data on business impact from companies that have engaged in some form of on-shoring. This story is related to the following:Trade Associations
Tags: business
report
north
america
America Movil to slim down
2014-07-09 02:00:00| Total Telecom industry news
Mexican telco giant to shed assets, share base stations and passive infrastructure in bid to reduce market share to below 50%.
Tags: america
slim
movil
america movil
Solectria Renewables to Exhibit at Intersolar North America 2014
2014-07-08 06:00:00| Industrial Newsroom - All News for Today
LAWRENCE, Mass. - Solectria Renewables, LLC, a leading U.S. PV inverter manufacturer, announced today that it will exhibit at the Intersolar North America 2014 trade show at the Moscone Center in San Francisco, California being held from July 8-10, 2014.<br /> <br /> Intersolar North America is an annual trade show that focuses on photovoltaics, PV production technologies, energy storage and solar thermal technologies. Since 2008, the exhibition and conference have developed into a premier ...This story is related to the following:Green & CleanElectronic Components and DevicesSearch for suppliers of: Power Inverters | Photovoltaic Components |
Tags: north
america
exhibit
renewables
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