Caribbean: Billionaires Investing in Local Telecoms

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.

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