e-Watch.WHAT A GREAT TIME TO BE IN THE PHONE BUSINESS. Telecoms across the region--notably Telmex and Telesp Celular--are riding high, thanks to a boom in cellular use that is driving up sales. So what happened to Chile's CTC CTC - Cornell Theory Center ? Long-distance and mobile telephone services lost money, and the sale of the Metropolis cable TV unit meant less revenues to fatten fat·ten v. fat·tened, fat·ten·ing, fat·tens v.tr. 1. To make plump or fat. 2. To fertilize (land). 3. the bottom line, the company says. Meanwhile, dot-coms continued to take a beating in the race to profitability. America Online See AOL. Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. took a hit to launch its Mexican Mexican named after or originating in Mexico. Mexican axolotl see ambystomamexicanum. Mexican beaded lizard (Heloderma horridum and Argentine Argentine having some relationship with the country Argentina. Argentine tick margaropuswinthemi. Argentine tortoise geochelonechilensis. operations, simultaneously warning investors that a "significant number" of the 82% of Brazilian subscribers who are billed for service "had not made timely payment." StarMedia Network, meanwhile, is losing money more rapidly than last year. Profitable in 2001? Vamos a ver...
% CHANGE IIIQ99/IIIQ00
NET INCOME
IIIQ00
US$ MILL.
TELESP CELLULAR 14.0 164.2
CANTV 25.5 125.6
IMPSAT FIBER NETWORKS -26.7 140.1
AT&T LATIN AMERICA -27.6 82.6
GLOBO CABO -56.2 55.3
TELMEX 724.1 53.9
QUESPASA.COM -7.9 49.2
TELEFONICA CTC CHILE -62.0 28.4
EMBRATEL 78.7 -27.7
TELECOM ARGENTINA 54.0 -33.3
STARMEDIA NETWORK -36.0 -42.6
GRUPO TELEVISA 18.7 -73.7
TELEMIG CELULAR 0.3 -91.4
IUSACELL -5.2 -147.3
IFX CORP. -11.3 -206.3
AOL LATIN AMERICA -100.1 -4978.0
Source: Company reports, LATIN TRADE
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