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The Economist: Telecommunications

Telecoms in Mexico: Slim?s pickings
Thu, 10 Jul 2008 13:30:55 -0000
More competition should help to drive down exorbitant phone chargesIT HAS become quaint, in the era of Skype and unlimited calling plans, to worry too much about the cost of phone calls. But it is a textbook case of the old saying: "Them as has, gets". The well-connected executive can use any number of voice-over-internet services to make free calls; but the rural poor, if they have phones at all, must pay high rates. Perhaps nowhere is this more true than in Mexico, where Carlos Slim, by some estimates the world's richest man, dominates the telecoms industry. He controls Telmex, which has 81% of the fixed-line market, and Telcel, which has 72% of the mobile market. In the first quarter of 2008 Telmex had a profit margin before interest, taxes, depreciation and amortisation of 48.7%; for Telcel the figure was 52.1%.This is well above the global average for telecoms firms of 35%, says Martin Lara, an analyst at Vector Casa de Bolsa, a research firm. Base tariffs have fallen in Mexico in recent years, but they do not include things like international calls or calls to mobile phones. Competition has not helped much, because smaller firms have been reluctant to undercut Mr Slim's companies by very much--and high prices boost their profits, too. "No one wants to destroy these profits overnight," says Mr Lara. ...

BBC News | Business | World Edition

Oil slides lower from record high
Wed, 23 Jul 2008 13:58:24 -0000
The price of oil keeps on sliding as US demand wanes and a hurricane in the Gulf of Mexico takes a favourable course.
Indian stocks up after key vote
Wed, 23 Jul 2008 10:32:43 -0000
Indian stocks rise more than 5% after the government wins a vote of confidence that could enable key reforms.
Bush drops veto to housing bill
Wed, 23 Jul 2008 16:48:21 -0000
The White House says President George W Bush has dropped opposition to a housing bill that could boost the US economy.

NYT > World Business

Toyota Moves Ahead of G.M. in Sales
Wed, 23 Jul 2008 14:53:54 -0000
Toyota sold nearly 300,000 more vehicles than G.M. in the first half of 2008 and appears on its way to ending G.M.’s 77-year reign as the world’s largest automaker.
Prices of Food and Gas Take a Toll in Asia
Wed, 23 Jul 2008 04:25:29 -0000
With large price increases for commonly used commodities, countries like India and Vietnam are already having to deal with double-digit inflation.
BP Will Withdraw Its Engineers in Russia
Wed, 23 Jul 2008 04:27:37 -0000
BP is fending off a corporate raid by its Russian partners backed by Russian regulatory authorities, part of the strategy of which is to expel expatriate staff members from their joint venture.

 
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directory of related sites

CablingAssist - A directory for the telecommunications industry.
Meta Description: [ cablingassist.com ]

Goodmans Book Marks - Web directory, organised into sections covering news, resources, vendors, US telecom, international, wireless, internet telephony, software and books.
Meta Description: [ Provides information for telecommunications professionals as well as consumers seeking best deals in communication services. ]

Ottawa Telecom - List of telecom providers in and around Ottawa, Ontario.

Satellite Industry Directory - Links for the Satellite industry.
Meta Description: [ the largest free satellite and space industry directory on the web ]

Telephone Installers - A regionalized listing of telephone equipment installers.
Meta Description: [ Find a telephone system installer in your area. ]

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