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Telmex
Teléfonos de México, S.A.B. de C.V., known as Telmex is a Mexican telecommunications company headquartered in Mexico City that provides telecommunications products and services in Mexico. In 2014, Telmex was the dominant fixed-line phone carrier in Mexico. In addition to traditional Landline, fixed-line telephone service, Telmex offers Internet access through their :es:Infinitum, Infinitum brand of Wi-Fi, Wi-Fi networks, data, hosted services and IT services. Telmex owns 90 percent of the telephone lines in Mexico City and 80 percent of the lines in the country. Telmex is a wholly owned subsidiary of América Móvil. History Telmex was founded in Mexico the , when a group of Mexican investors bought Swedish Ericsson's Mexican branch. In 1950, the same investors bought the Mexican branch of the ITT Corporation, thus becoming the only telephone provider in the country. In 1972, the Federal government of Mexico, Mexican government bought the company. In 1990, Telmex was bought ...
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Carlos Slim
Carlos Slim Helú (; born 28 January 1940) is a Mexican business oligarch, investor, and philanthropist. From 2010 to 2013, Slim was ranked as the richest person in the world by ''Forbes'' business magazine. He derived his fortune from his extensive holdings in a considerable number of Mexican companies through his conglomerate, Grupo Carso. , the '' Bloomberg Billionaires Index'' ranked him as the 18th-richest person in the world, with a net worth of US$92 billion or about 4% of Mexico's GDP, making him the richest person in Latin America. Slim's corporate conglomerate spans numerous industries across the Mexican economy, including education, health care, industrial manufacturing, transportation, real estate, mass media, mining, energy, entertainment, technology, retail, sports and financial services. However, the core of his fortune derives from telecommunications, where he owns América Móvil (with operations throughout Latin America) and the Mexican carrier Telcel and ...
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América Móvil
América Móvil, S.A.B. de C.V. is a Mexican telecommunications corporation headquartered in Mexico City, Mexico. It is the 7th largest mobile network operator in the world in terms of equity subscribers, as well as one of the largest corporations in the world. América Móvil is a Forbes Global 2000 company. As of 31 December 2023, América Móvil had 310.1 million wireless subscribers, and 73.7 million fixed revenue generating units ("RGUs", consisting of fixed voice, fixed data and Pay TV units). History América Móvil was created when Telmex spun off its wireless mobile activities from its landline and internet activities. The company was founded in late 2000, while company shares were delivered to Telmex shareholders early the following year. On 15 November 2005, the company signed an international pact with Ooredoo to jointly deliver various international services. In 2006, América Móvil made a bid to acquire Verizon's Latin American and Caribbean operations and ...
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Prodigy Communications
Prodigy Communications Corporation was an online service from 1984 to 2001 that offered its subscribers access to a broad range of networked services. It was one of the major internet service providers of the 1990s. The company claimed it was the first consumer online service, citing its graphical user interface and basic architecture as differentiation from CompuServe, which started in 1979 and used a command-line interface. Prodigy was described by the ''New York Times'' as "family-oriented" and one of "the Big Three information services" in 1994. By 1990, it was the second-largest online service provider with 465,000 subscribers, trailing only CompuServe's 600,000. In 1993 it was the largest. In 2001, it was acquired by SBC Communications, which in 2005 became the present iteration of AT&T. The Mexican branch of Prodigy, however, was acquired by Telmex. Early history The roots of Prodigy date to 1980 when broadcaster CBS and telecommunications firm AT&T Corporation formed a ...
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Telcel
RADIOMÓVIL DIPSA, S.A. DE C.V., doing business as Telcel, is a Mexican wireless telecommunications company, owned by América Móvil, founded in 1984 and based in Mexico City. Telcel holds concessions to operate a wireless network in all nine geographic regions in Mexico using both the 850 megahertz and 1900 megahertz radio spectrum. History In June 1926, the company Publicidad Turística S.A. was founded, as a subsidiary of Telmex, Teléfonos de México. Its main activity was the commercialization of phone directories (white section and Yellow Section). In September 1954, he changed his company name to that of "Professional Directories" (DIPSA), since he began to specialize in the edition of the blue directory by streets, construction directory, tourism and others. During the same year and due to the modernization of telecommunications, Teléfonos de México integrates DIPSA in the administration of Mobile Radiotelephony. In 1981, the Secretariat of Communications and Tran ...
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AT&T
AT&T Inc., an abbreviation for its predecessor's former name, the American Telephone and Telegraph Company, is an American multinational telecommunications holding company headquartered at Whitacre Tower in Downtown Dallas, Texas. It is the world's List of telecommunications companies, third largest telecommunications company by revenue and the List of mobile network operators in the United States, third largest wireless carrier in the United States behind T-Mobile US, T-Mobile and Verizon. As of 2023, AT&T was ranked 32nd on the Fortune 500, ''Fortune'' 500 rankings of the largest United States corporations, with revenues of $122.4 billion. The modern company to bear the AT&T name began its history as the American District Telegraph Company, formed in St. Louis in 1878. After expanding services to Arkansas, Kansas, Oklahoma and Texas through a series of mergers, it became the Southwestern Bell Telephone Company in 1920. Southwestern Bell was a subsidiary of AT&T Corporation, ...
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ITT Corporation
ITT Inc., formerly ITT Corporation, is an American worldwide manufacturing company based in Stamford, Connecticut. The company produces specialty components for the aerospace, transportation, energy and industrial markets. ITT's three businesses include Industrial Process, Motion Technologies, and Connect and Control Technologies. ITT has over 10,000 employees in more than 35 countries and serves customers in more than 100 countries. The company's long-standing brands include Goulds Pumps, Cannon connectors, KONI shock absorbers and Enidine energy absorption components. The company was founded in 1920 as International Telephone & Telegraph. During the 1960s and 1970s, under the leadership of CEO Harold Geneen, the company rose to prominence as the archetypal Conglomerate (company), conglomerate, deriving its growth from hundreds of acquisitions in diversified industries. ITT divested its telecommunications assets in 1986. In 1995, the company sold off its hospitality portfoli ...
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Federal Government Of Mexico
The Federal government of Mexico (alternately known as the Government of the Republic or ' or ') is the national government of the Mexico, United Mexican States, the central government established by its constitution to share sovereignty over the republic with the governments of the 31 individual Mexican states, and to represent such governments before international bodies such as the United Nations. The Mexican federal government has three branches: executive, legislative, and judicial and functions per the Constitution of Mexico, Constitution of the United Mexican States, as enacted in 1917, and as amended. The executive power is exercised by the executive branch, which is headed by the president and her Cabinet of Mexico, Cabinet, which, together, are independent of the legislature. Legislative power is vested upon the Congress of Mexico, Congress of the Union, a bicameral legislature comprising the Senate of Mexico, Senate and the Chamber of Deputies of Mexico, Chamber of Dep ...
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Orange S
Orange most often refers to: *Orange (fruit), the fruit of the tree species '' Citrus'' × ''sinensis'' ** Orange blossom, its fragrant flower ** Orange juice *Orange (colour), the color of an orange fruit, occurs between red and yellow in the visible light spectrum *Some other citrus or citrus-like fruit, see '' list of plants known as orange'' * ''Orange'' (word), both a noun and an adjective in the English language Orange may also refer to: Arts, entertainment, and media Films * ''Game of Life'' (film), a 2007 film originally known as ''Oranges'' * ''Orange'' (2010 film), a Telugu-language film * ''The Oranges'' (film), a 2011 American romantic comedy starring Hugh Laurie * ''Orange'' (2012 film), a Malayalam-language film * ''Orange'' (2015 film), a Japanese film * ''Orange'' (2018 film), a Kannada-language film Music Groups and labels * Orange (band), an American punk rock band, who formed in 2002 from California * Orange Record Label, a Canadian independent reco ...
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Privatization
Privatization (rendered privatisation in British English) can mean several different things, most commonly referring to moving something from the public sector into the private sector. It is also sometimes used as a synonym for deregulation when a heavily regulated private company or industry becomes less regulated. Government functions and services may also be privatised (which may also be known as "franchising" or "out-sourcing"); in this case, private entities are tasked with the implementation of government programs or performance of government services that had previously been the purview of state-run agencies. Some examples include revenue collection, law enforcement, water supply, and prison management. Another definition is that privatization is the sale of a state-owned enterprise or municipally owned corporation to private investors; in this case shares may be traded in the public market for the first time, or for the first time since an enterprise's previous natio ...
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