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Mexico Welcomes Telefonica, Dismissing Slim’s Outcry (Update1) (Bloomberg.com)

November 8th, 2007 Posted in Uncategorized | No Comments »

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Nov. 8 (Bloomberg) — Mexico welcomes Telefonica SA’s entry in local telecommunications to foster competition and lower prices, a minister said, dismissing claims by billionaire Carlos Slim’s Telefonos de Mexico SAB that the Spanish company is breaking a law that restricts foreign investment in the industry.

Original post by Yahoo! News Search Results for Mexico

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