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Expansion in 18 countries of Latin America by Carlos Slim's America Movil, mobile telephone company. The mobile service now has 225 million customers in Latin America. It offers innovative solutions of prepaid cards for small amounts of money to serve a vast region with lower incomes, where credit cards are not widespread. The new strategy is to sell data services, live video streaming, in the same way, through prepaid cards of as low as $4 for 2 weeks of data service.
Grouped Articles
How Mexico Ended Political Gridlock
Wall Street Journal 08/15/2013
Mexico's Big Cellular Problem: Carlos Slim
BusinessWeek 05/27/2010
Slim Extends Grip in Brazil, Bidding to Lift Cable Share
Wall Street Journal 08/06/2010
Carlos Slim to Break Up Mexico's Leading Telecommunications Firm
Wall Street Journal 07/10/2014
Carlos Slim Sees Fat Profits on the Internet
BusinessWeek 03/31/2011
Monopolies in Mexico: Compete—or else
Economist 05/07/2011
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