Caribbean: Billionaires Investing in Local Telecoms · Global Voices
Alice Backer

Last week  Irish  billionaire Dennis O'Brien announced his company Digicel was purchasing  the Caribbean arm of Bouygues Telecom . This week Mexican billionnaire Carlos Slim announces he is  purchasing three Caribbean and Latin-American subsidiaries of Verizon, an American telecom, writes (FR) InternetRapide.com.  The  Verizon subsidiaries  to be purchased by Slim's Telmex and America Movil are located in the DR, Venezuela and Puerto Rico.