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TELMEXTelefonos de Mexico
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Telmex, a subsidiary of America Movil (NYSE:AMX), has cornered the market with 80 percent of Mexico's landline customers and drawn criticism for charging high rates, edging out competitors and obstructing regulatory measures through the court system.
Amid the debate on whether a new network is viable, the discussion of allowing TELMEX to provide limited broadcast services has resurfaced.
The improved global access to telepresence services will allow Telmex customers to have unique 'in-person' experiences of interaction and collaboration with other companies across multiple locations worldwide.
The acquisition delisted both Carso Global, which was 82.7 percent owned by Slim, and Telmex International, which was 60.7 percent controlled by Carso Global.
However, the Telmex racing team, which Slim also owns, issued a statement quashing suggestions any deal had been done.
And Televisa and Telmex can be expected to draw in most of the new business.