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claude · 10-31-2007

Interesting news about Panama and Carlos Slim:

Panama will auction two new cellular phone licenses at a minimum price of $36 million each, in a bid to increase competition and encourage lower prices and improved services, the government said on Monday.

Michael Mihalitsianos, the director of National Authority for Public Services, told a news conference the two new contracts will be awarded in March 2008, after a pre-qualification period, which is already under way.

He said around half a dozen companies had expressed interest in the 20-year concessions, including Mexico's America Movil (AMX.N: Quote, Tailor Made Servers, Research) (AMXL.MX: Quote, Tailor Made Servers, Research), Latin America's largest cell-phone company owned by billionaire tycoon Carlos Slim.

Panama to auction cellular licenses by March 2008 | Technology | Reuters

10-31-2007	#1 (permalink)
claude Junior Member Join Date: Nov 2006 Posts: 7 Rep Power: 0	Carlos Slim to expand into Panama? Interesting news about Panama and Carlos Slim: Panama will auction two new cellular phone licenses at a minimum price of $36 million each, in a bid to increase competition and encourage lower prices and improved services, the government said on Monday. Michael Mihalitsianos, the director of National Authority for Public Services, told a news conference the two new contracts will be awarded in March 2008, after a pre-qualification period, which is already under way. He said around half a dozen companies had expressed interest in the 20-year concessions, including Mexico's America Movil (AMX.N: Quote, Tailor Made Servers, Research) (AMXL.MX: Quote, Tailor Made Servers, Research), Latin America's largest cell-phone company owned by billionaire tycoon Carlos Slim. Panama to auction cellular licenses by March 2008 \| Technology \| Reuters