InfoAnda - Analysis: Tycoon Slim emerges as Latam's top pay TV player |

Pakistanis angry over detentions in Times Sq. case
Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They

Taiwan denies boycotting Australian film festival
Thursday, August 6, 2009

AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e

Merkel's support dips, regional ally resigns International
Thursday, September 3, 2009

By Sarah Marsh and Noah Barkin

BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German

Minister seeks closure of anti-Berlusconi websites
Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who

Asian markets mixed after Wall Street rally
Wednesday, March 18, 2009

By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an

Federal Government Runs Out Of Cash For Digital Converter Boxes Coupons | 6 January 2009
Afghan police are weak link in security force | 21 November 2009
Seoul shares fall 2 pct; tech firms and banks drop | 10 November 2008

Obama, in another first, named power celebrity | Entertainment | | 4 June 2009

Forum Views () Forum Replies ()

Read more with google mobile : Analysis: Tycoon Slim emerges as Latam's top pay TV player |

Edition: U.S. Article Comments (0) Follow Reuters Analyst Research Report Title Price America Movil'L'ADS Provider: Standard & Poor's STARS Report $23.0 Buy Grupo Televisa S.A.B.GDS Provider: Standard & Poor's STARS Report $35.0 Buy Grupo Televisa S.A.B.GDS Provider: Standard & Poor's Factual Report $35.0 Buy America Movil'A'ADR Provider: Standard & Poor's Quantitative Report $25.0 Buy Net Servicos de Communicacao ADS Provider: Standard & Poor's Quantitative Report $17.0 Buy 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. Analysis: Tycoon Slim emerges as Latam's top pay TV player Tweet Share this By Cyntia Barrera Diaz MEXICO CITY (Reuters) - Though he is struggling to break into the television market on his home turf, Mexico's Carlos Slim has emerged as the top provider of pay TV in Latin America, firming his grip on the region's telecom... Email Print Related News America Movil sees soaring data usage Wed, Mar 30 2011 Inflation among clouds over LatAm funds Fri, Mar 25 2011 Best Buy shoppers shun pricey TVs; outlook dim Thu, Mar 24 2011 UPDATE 4-RIM PlayBook ready to contest crowded tablet market Tue, Mar 22 2011 UPDATE 2-America Movil sees 3 mln more TV customers Tue, Mar 22 2011 Analysis & Opinion How to lend money to family members Opportunity knocks for Dreyfus Opportunistic Small-Cap fund Related Topics Technology » Media » Stocks Mexican tycoon Carlos Slim attends a meeting with Lebanese ministers in Beirut March 16, 2010. Credit: Reuters/ Mohamed Azakir By Cyntia Barrera Diaz MEXICO CITY | Fri Apr 1, 2011 3:57pm EDT MEXICO CITY (Reuters) - Though he is struggling to break into the television market on his home turf, Mexico's Carlos Slim has emerged as the top provider of pay TV in Latin America, firming his grip on the region's telecom market. Having picked up 11 million pay TV customers in 16 of 18 Latin American nations over the past two years, Slim, the world's richest man, has taken the lead in yet another lucrative market outside his core phone business. Mexico -- where the government has refused to let Slim expand into media due to competition concerns -- and Argentina are the two countries where he does not currently has TV. Modern technology is enabling Slim, who also has major holdings in retail and important sectors of industry, to offer phone, television, cable and Internet via a single connection. This innovation has blurred the boundaries between once separate markets, creating conflict and raising doubts about the sustainability of returns in the telecoms sector. Taking advantage of a 2010 cost-cutting drive that put his telecom firms under the aegis of the America Movil giant, Slim is flooding Latin America with offers via satellite or cable, often combined with phone and Internet, known as triple pay. "Pay television is growing, in revenue terms, about 60 percent annually," America Movil (AMX.N)(AMXL.MX) Chief Financial Officer Carlos Garcia Moreno told the Reuters Latin American Investment Summit in Mexico City this week. America Movil is adding about 250,000 pay TV customers every month, a pace analysts do not expect to slacken as the company expands in countries like Peru, Ecuador, and Chile with its one-stop communications and entertainment offer. The surging business contributed 2.2 percent of America Movil's service revenues last year, or about $985 million. Slim already has 225 million wireless clients from the United States to Argentina, which contributed nearly half the $45 billion total service revenue of America Movil last year. Julio Zetina at brokerage Vector said he expected pay television and demand for online data to be the two main sources of growth for America Movil in future. "And I think we'll eventually see something here," he said, referring to Slim's entry into the Mexican television market. Some say he is already present thanks to a billing deal that his Telefonos de Mexico (TMX.N)(TELMEXL.MX) fixed-line service provides to direct-to-home TV provider DISH Mexico. BAD BLOOD For the immediate future, Slim is expected to focus his attention on Brazil, Latin America's biggest economy. 1 2 Next Technology Media 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 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.

Other News on Saturday, 2 April 2011
Up to 20 U.N. staff killed in north Afghan city |
Libyan government rejects rebels' ceasefire conditions |
U.N. Security Council to meet on deadly Afghan attack |
Egyptians protest to protect revolution |
Video game creator sues company for billions |
Netflix to stream Glee, Sons of Anarchy |
Analysis: Tycoon Slim emerges as Latam's top pay TV player |
Lawmaker has concerns over mobile megamerger |
Icahn, Dish bid for Blockbuster assets: report |
Tweeting Bronx Zoo cobra's wanderings are hissstory |
Rutgers pays Snooki more than Nobel winner for talk |
Grey's Anatomy musical episode: critics weigh in |
Hollywood's Jerry Weintraub lives life 'His Way' |
Libyan government dismisses rebels' mad truce offer |
Leak found in reactor pit as Japan PM tours disaster zone |
Fierce fighting spreads in Ivory Coast showdown |
At least four die in protests across Arab world |
U.S. special envoy departs for meetings on Sudan |
U.N. council condemns attack on U.N. in Afghanistan |
Exclusive: Snafus forced Twitter datacenter move: sources |
April Fool's jokes range from hilarious to disastrous |
Malicious attack hits a million Web pages |
Penelope Cruz gets star on Hollywood Blvd |
UK to hold thousands of wedding street parties |
How the stars of Mad Men are spending their hiatus |
Miranda Lambert gears up for ACM's |
Nicki Minaj in talks to join Britney Spears tour |
Ten dead on second day of Afghan Koran burning protests |
Yemen's Saleh again signals he's staying put |
Syria arrests dozens over unrest: rights groups |
Saudi says 5,080 convicted of terrorism crimes |
Nigerian vote aborted after ballot paper chaos |
Kremlin to Putin: Start state board purge by July 1 |
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights

USD EUR - 1 year graph	VPN on MacOSX	BlogMeter 1.01