Tuesday, January 19, 2010

Slim's Doings

The Big Money says that Carlos Slim is the reason that the NY Times will be placing stories behind a paywall.

Also, Reuters has this:

América Móvil, the telecommunications company controlled by the billionaire Carlos Slim Helú, on Wednesday started a $21 billion offer for the Mexican telephone companies Telmex and Telmex Internacional.

Mr. Slim already controls all three companies. Now, he wants to integrate them to create a provider with fixed-line telephone, mobile and Internet services across Latin America to better compete against growing rivals.

(H/T) Oddly enough, this has gotten no press here. Instead, the first story on the Excélsior website is the bankruptcy of Japan Airlines. Color me confused.

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