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Friday, May 9, 2008

America Movil to sell iPhone across Latin America

From Reuters -

Mexico-based America Movil said on Wednesday it would sell the iPhone across Latin America this year, a deal that could extend its lead in the region over Telefonica. America Movil, operates in 16 countries in Latin America and the Caribbean as well as the United States, did not say if its deal was an exclusive accord.

The telco, controlled by billionaire Carlos Slim, had more than 159 million cell phone subscribers at the end of March. It also had almost 4 million fixed-line clients. It competes with Spain's Telefonica in the region and has held the upper hand in customer numbers for a couple of years.

Phone operators around the world have been competing to secure the rights to sell the iPhone.

Complete article here.

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