Telecommunications Companies America Movil Essay - 986 Words

Latin America has been known throughout history to take orders and to have resources taken away from their bare hands. They were never appreciated for the struggles that they went through to provide distant countries with useful resources. Fast-forward to the new twentieth century and Latin America has taken over the corporation scene, an example being the company known as America Movil. A company that is putting Latin American countries on the map once again, but this time no one is managing them instead they are managing themselves. There are many telecommunication companies out in the world but a major one that is taking the world by storm is a company called America Movil; it was founded back in September 2000 by its owner Carlos Slim†¦show more content†¦Along with success comes failure, and Carlos is a victim to it; according to an article in the NY Times in 2009 Carlos slim has been seen as an evil monopolist. Stating that he was not the one who took over the Telmex C ompany rather it was his â€Å" political connections that won him the company.† (p. 4) Also Denise Dresser a political scientist states that Slim did not become rich by his business ways but became rich by â€Å"the favorable government treatment.† Even though the media has a negative outlook of Carlos there is no doubt that his company has made a name for its self. Since America Movil was a side company it has also branched out many new side companies as well, or also known as sister companies. Some of its sister companies are Telmex, Claro, Telcel, and Tracfone Wireless. Since America Movil bought Telmex it has since then been considered a sister company; so Telemex being the same as America Movil it provides the same services like land lines and cellar lines to plenty Latin American countries. According to the NY Times article where Slim was criticized it states that it is known to be one of Mexico’s main line carrier owning 90 percent of Mexico’s tel ephone lines. (p. 4) Moving on to Claro that is also a telecommunication company that provides services to mainly only Latin American, and Caribbean countries, for example countries such as Guatemala, Argentina, Brazil, Puerto Rico, and Honduras and has its Headquarters’ located in Brazil.Show MoreRelatedBrand Recognition Of Telcel America1128 Words   |  5 Pages Brand Recognition Telcel Amà ©rica is a wireless service from TracFone that is mainly targeted for Hispanic consumers, primarily the Mexican community living in the United States. Telcel has a very powerful presence in Mexico. Telcel brand is America Movil s Mexican unit. Telcel brand is well known among persons having strong ties to Mexico, and crossers all along the south border states of the United States of America. 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