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Tag: America Movil

Virgin Mobile launches in Colombia

Virgin Mobile is set to challenge Latin American giant America Movil after entering the Colombian mobile phone market on Wednesday. Virgin Mobile sim cards became available in Colombia for the first time on Wednesday, as British...

World’s richest man defends business practices

There is no monopoly in the Colombian cell phone market, said the richest man in the world on Friday. Mexican entrepreneur, Carlos Slim, traveled to Colombia to defend the role of American Movil SAB in the Colombian phone...

Carlos Slim’s Colombian wireless empire under threat

Colombian lawmakers have proposed a bill that would put Mexican billionaire Carlos Slim, currently ranked as the richest person in the world, in a tenuous position with his wireless empire, reported Bloomberg news Wednesday. The...

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