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Latin America : Telecoms

 

America Movil & Nokia partner to bring mobile messaging to Latin America

Comments0 CommentsPosted: Tuesday 07/07/2009 16:37 by: Paul H

America Movil (NYSE : AMX) and Nokia (NYSE: NOK) announced today that they will bring a top of the line messaging experience in multiple devices to customers in Latin America. The agreement adds to the leading collaboration between both companies in music and maps, to meet the growing demand for multimedia options on mobile devices in the region.

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Telefonica's Q1 net profit grows by 9.8%, stands by 2009 overall guidance

Comments0 CommentsPosted: Wednesday 13/05/2009 09:26 by: Paul H

Teléfonica (NYSE: TEF) reiterates guidance for 2009, and maintains target of distributing €1.15/share in 2009, in line with its commitment to prioritise dividends to shareholders. The solid performance of organic growth in income (+2.8%), OIBDA (+2.5%), and operating income (+3.9%) confirms Telefónica's differential profile in the sector, which is characterised by its highly diversified operations, both in terms of businesses and geographies.

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