Battleground.Telecommunications Communicating information, including data, text, pictures, voice and video over long distance. See communications. continues on its path toward concentration into just a few hands in Mexico Mexico, city, Mexico Mexico or Mexico City, Span. Ciudad de México (Méjico), city (1990 pop. 8,236,960; 1991 met. area est. 20,899,000), central Mexico, capital and largest city of Mexico. in the search for economies of scale and even greater development. Axtel, a Mexican Mexican named after or originating in Mexico. Mexican axolotl see ambystomamexicanum. Mexican beaded lizard (Heloderma horridum telecom, bought the assets of Avantel, a Mexican long-distance, Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the and data transmission provider. Axtel paid US$500 million for the acquisition, including $310 million in cash and $190 million in net debt. The purchase will help Axtel increase telephone service coverage in the country and compete for more corporate clients. The fight for business customers promises to be a big one in a market dominated by Telefonos de Mexico, which has 18.6 million of the country's 20 million existing lines. With the Avantel buy, Axtel picks up nearly 750,000 small and medium-sized business clients, in addition to government customers, turning it into the second-largest carrier in Mexico. |
|
||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion