Telefonica America

Mobile telephony, America Movil, Mexican giant said Friday June 11, 2010 that acquired more than 90 percent of the shares of their companies sisters Telint and CGT, in an operation that will consolidate the assets of telecommunications magnate Carlos Slim. America Movil said it acquired a 92.7 per cent of the shares of Telmex Internacional (Telint) and a 99.4 percent of Carso Global Telecom (CGT), according to the preliminary results of its public offerings of purchase that concluded Thursday. Slim, the richest man in the world according to Forbes magazine, controls three businesses and seeks to further strengthen its firms in 18 countries of America and the Caribbean where it operates, in a moment in which the convergence of telecommunications services extends worldwide. Chevron describes an additional similar source. America Movil may sell in several countries services of mobile and fixed telephony, Internet access and pay-TV in one package, and compete with its rival Telefonica offering in the region. America Movil launched the I may 11 a bid by the total shares of CGT, which is the majority shareholder of the telephone leader of Mexico, Telmex, and Telmex Internacional (Telint). Mobile giant expects to pay some 26.648 million pesos (1,745 million euros) to shareholders of Telint who participated in the offer and opted to sell cash..

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