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Telefonica, a Spanish Spanish, river, c.150 mi (240 km) long, issuing from Spanish Lake, S Ont., Canada, NW of Sudbury, and flowing generally S through Biskotasi and Agnew lakes to Lake Huron opposite Manitoulin island. There are several hydroelectric stations on the river.  telecommunications company See telecom company. , took a chunk out of the Latin American wireless market. BellSouth, a U.S. telecommunications company, completed the transfer of US$1.08 billion in wireless assets in Chile and Argentina to Telefonica Moviles, Telefonica's wireless unit. The deal concludes a $5.85 billion sale of Latin American properties by BellSouth to Telefonica Moviles. But Telefonica and its Mexican rival Telefonos de Mexico haven't gobbled up everything in the region. Telecom Italia Telecom Italia is formerly a partially state-owned Italian telco. It was once known as SIP, and it has the largest user base in Italy.

Telecom Italia also owns shares in Telecom Argentina and Telecom Personal, fixed and cellular networks in Argentina.
, an Italian utility, sold its 54.76% stake in Entel, a Chilean telecom, for $934 million to Almendral, a Chilean holding company. Brazilian media company Grupo Folha said it would combine its different businesses into one holding company before listing on Brazilian equities markets. Once it does, Portugal Telecom Portugal Telecom (Euronext: PTC, NYSE: PT) is the biggest telecommunications operator in Portugal. It operates mainly in Portugal and Brazil. It also has a significant presence in Morocco, Guinea-Bissau, Cape Verde, Mozambique, Timor-Leste, Angola, Kenya, the People's Republic , a Portuguese telecommunications company, will be a partner in the new company.
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Title Annotation:PANORAMA; Telefonica and BellSouth Cellular Corp.
Publication:Latin Trade
Article Type:Brief Article
Geographic Code:1USA
Date:Apr 1, 2005
Words:138
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