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Edition: U.S. Article Comments (0) Follow Reuters Facebook Twitter RSS YouTube Read Actor Nicolas Cage arrested in New Orleans 2:42pm EDT Internet gambling sites owners charged with fraud 15 Apr 2011 Ohio man kills wife and three children, then self 1:54pm EDT Mom given 10 years for playing on Facebook as baby drowned 15 Apr 2011 Tornadoes, storms kill at least 17 in South 4:26pm EDT Discussed 226 China tells U.S. to quit as human rights judge 81 White House warns on debt limit, says Obama regrets vote 81 Obama to lay out deficit plan with focus on tax, spending Watched South Korean "super gun" packs hi-tech killing power Mon, Feb 14 2011 Cupless bra combats cleavage crinkle Fri, Apr 15 2011 Economic leaders seek balance Fri, Apr 15 2011 Mexico's Slim to invest $1.5 billion in Argentina: report Tweet Share this BUENOS AIRES (Reuters) - Mexican magnate Carlos Slim plans to invest about $1.5 billion in Argentina's telecoms sector, a newspaper reported on Saturday, citing the government. Slim's America Movil is one of the world's biggest cell phone providers... Email Print Related News Special Report: The U.S. and China start an M&A Cold War Tue, Apr 12 2011 Level 3 adds muscle with $1.9 billion Global Crossing buy Mon, Apr 11 2011 UPDATE 3-Mexico's Televisa says buying 50 pct of Iusacell Thu, Apr 7 2011 UPDATE 3-Mexico's Televisa eyes Slim's mobile phone market Tue, Apr 5 2011 Analysis & Opinion Surfing the sector flows Investiphobia: The fear of not keeping up with the Joneses Related Topics Technology » Stocks BUENOS AIRES | Sat Apr 16, 2011 10:21am EDT BUENOS AIRES (Reuters) - Mexican magnate Carlos Slim plans to invest about $1.5 billion in Argentina's telecoms sector, a newspaper reported on Saturday, citing the government. Slim's America Movil is one of the world's biggest cell phone providers with 225 million wireless customers from countries stretching from the United States to Argentina. "Carlos Slim will visit President Cristina Fernandez mid-month to announce an investment in our country, which we estimate will be in the order of $1.5 billion, fundamentally in telecoms," newspaper Pagina 12 quoted Planning Minister Julio de Vido as saying. He said the investment would be focused on developing cellular, broad brand and fourth generation technologies. America Movil said this week it would invest $2 billion in Chile over the next four years to boost its international voice and data networks. America Movil invested a total of $6.5 billion in 2010 and estimates it will invest $8.5 billion this year. (Reporting by Maximiliano Rizzi; Editing by Simon Gardner and Bill Trott) Technology Tweet this Share this Link this Digg this Email Reprints We welcome comments that advance the story directly or with relevant tangential information. We try to block comments that use offensive language, all capital letters or appear to be spam, and we review comments frequently to ensure they meet our standards. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. Comments (0) Be the first to comment on reuters.com. Add yours using the box above. Social Stream (What's this?) © Copyright 2011 Thomson Reuters Editorial Editions: Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom United States Reuters Contact Us Advertise With Us Help Journalism Handbook Archive Site Index Video Index Reader Feedback Mobile Newsletters RSS Podcasts Widgets Your View Analyst Research Thomson Reuters Copyright Disclaimer Privacy Professional Products Professional Products Support Financial Products About Thomson Reuters Careers Online Products Acquisitions Monthly Buyouts Venture Capital Journal International Financing Review Project Finance International PEhub.com PE Week FindLaw Super Lawyers Attorney Rating Service Reuters on Facebook Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

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