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And more good news for Slim: The regulator ruled the Dish-Telmex partnership does not constitute a violation of a previous regulation that forbade any of Grupo Carso's subsidiaries to enter the feevee market, long an aspiration of Slim, whose mobile services unit Telcel holds about 70% of the cell-phone market in Mexico, with his Telmex representing 80% of fixed-line subscriptions.
Grupo Carso SAB (GPOVY, GCARSO.MX), a Mexico-based conglomerate, has signed a contract with Tabasco Oil Company LLC.
In the largest merger by fax in the region last year, Slim's mobile-phone operator, America Movil, acquired its parent, Carso Global Telecom, which controls the fixed-line Telefonos de Mexico, or Telmex, as well as Telmex International.
The new Commission will comprise some 30 leaders from across a wide range of academic, business and social sectors and be co-chaired by President Paul Kagame of Rwanda and Carlos Slim Helu, Honorary Lifetime chairman of Grupo Carso. The ITU secretary-general Dr Hamadoun Toure and Unesco director-general, Irina Bokova, will serve as joint vice-chairpersons.
The bank's firm foothold on the Mexican market, close ties with industrial conglomerate Grupo Carso (MXK:GCARSOA1) and strategic alliance with Spanish savings bank Caja de Ahorros y Pensiones de Barcelona lend further stability to its ratings.
Machines 4 Food will also be offering the Carso Range of hoist units, swing loaders and tank tippers for all types of lifting and tipping applications.
FERROSUR is a subsidiary of mining company Grupo Mexico and FERROMEX is a unit of business conglomerate Grupo Carso, controlled by Mexican billionaire Carlos Slim Helu.
The Ideal fund was spun off from a construction unit at Grupo Carso late last year.