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  • WeWork expands in São Paulo

    10/2/18
    US co-working group WeWork has opened a new building in São Paulo, the ninth in the city and 11th in Brazil. With 10 stories and space for 1,500 work positions, the building will also house the company's new São Paulo HQ....

  • BTG Pactual cuts its share in troubled Oi

    3/3/16
    Rio de Janeiro-based investment bank BTG Pactual announced that the funds managed by its asset management division slashed their aggregate shareholding interests in Brazilian telecom carrier Oi. In a note to investors, the fund...

  • IN BRIEF: Brazil launches treasury app

    12/1/16
    Brazil's treasury department will launch an app for individuals to purchase public bonds directly from their mobile phones, the finance ministry reported. Available initially for Android devices, the Tesouro Direto app will allow...

  • América Móvil confirmed as dominant player

    4/27/15
    A special court in Mexico has ruled against Grupo Carso, América Móvil's parent company, following a challenge regarding the telco's status as a dominant market player. The ruling is similar to that made against media giant...

  • Telefónica not looking to buy Telcel assets

    1/16/15
    Telefónica México denied rumors that it was looking to acquire Telcel's assets. There are no talks between Telefónica México and América Móvil to buy its assets, though there might be between Carlos Slim's firm and Telefónica's...

  • Telesites to delay launch to September

    7/14/15
    América Móvil's spin-off Telesites, which will absorb and lease part of América Móvil's infrastructure, will delay its launch date to September. Initially planned for late June, Telesites will have to wait another two months to see ...

  • América Móvil 'focusing on Telesites'

    4/24/15
    América Móvil has abandoned its asset sale plan in favor of focusing on its new tower infrastructure rental company Telesites. CEO Daniel Hajj said during a first quarter results call that the company was not anticipating selling...