Carso Global Telecom Explained

Carso Global Telecom, S.A.B. de C.V.
Type:Subsidiary
Location:Mexico City, Mexico
Key People:Jaime Chico Pardo, (Chairman & CEO)
Industry:Telecommunications
Products:Fixed & mobile telecommunications
Internet services
Cable television
Revenue: US$ 16.0 Billion (2009)
Net Income: US$ 1.2 billion (2009)
Num Employees:82,890 (2009)
Subsid:Telmex
Parent:América Móvil

Carso Global Telecom is a telecommunications holding company, which through its subsidiaries, provides various telecommunication services.[1] Carso Global Telecom was spun off from Carlos Slim Helú's Grupo Carso conglomerate in 1996. Top Latin American mobile carrier América Móvil bought Carso Global Telecom for about $17.6 billion in mid-2010 as part of a larger $21 billion plan to consolidate Slim's telecom holdings in Latin America.

The Chief Executive Officer and President of the Board of Directors is Jaime Chico Pardo.

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Notes and References

  1. Web site: Carso Global Telecom SAB de CV: Private Company Information - Businessweek . https://archive.today/20130118201602/http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=2491636 . dead . January 18, 2013 . investing.businessweek.com. 12 October 2012.