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iMeil Analiza - America Movil - Market Coverage

América Móvil, on last years, has got a big market increase in America. It actually covers a great market that spreads from Patagonia to the United States.

Where Slim is basing his strategy to participate in markets without a good infrastructure? Apparently, his focus is to develop such market to take advantage when competitors come to play. This is the same situation occurred in Mexico, a country with approximately 109 millions inhabitants and where it is very difficult the entrance to compete in the wireless communications sector.

This is due to two very interesting factors: a) foreign companies wish to compete in the Mexican market without investing a penny on their own infrastructure and, by the contrary, they wish Telcel (Telmex) will be obliged to allow them to use their infrastructure at prices they are not willing to offer to competitors; and b) Mexican Laws related to this topic are obsolete and political parties show no interest to try to implement any modification.

Interesting is the fact that America Movil has no presence on Chilean wireless market.

The following listing present companies owned by Aeérica Movil in Latin America.

Argentina TECHTEL
Brazil Grupo Claro (ATL, Telet, Americel, Tess,
BCP, BSE)
Embratel
Colombia Comunicación Celular (COMCEL)
Ecuador CONECEL
El Salvador CTE
Guatemala TELEGUA
Honduras Megatel
México Telcel
Nicaragua Enitel
United States CompUSA
Venezuela Génesis Telecom

Add to this listing the interest Slim has in Worldcom, famous for its bankruptcy presented almost at the same time Enron did.
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