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AT&T Ramps Up Expansion into Mexico with Acquisition of Nextel

AT&T Ramps Up Expansion into Mexico with Acquisition of Nextel

By Narayan Ammachchi AT&T has bought out another Mexican telecom firm, Nextel Mexico, quickly consolidating its position in the country where billionaire businessman Carlos Slim’s telecom firms dominate the market. The U.S. telecom giant paid US$1.8 billion for the wireless assets, ...

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US-Mexico International Railway Nears Completion

US-Mexico International Railway Nears Completion

By Narayan Ammachchi The West Rail Bypass Bridge that connects the Mexican city of Matamoros with Brownsville, Texas, will be opened to traffic in the next couple of months, according to Mexico’s transport and communications ministry. Billed as the first ...

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Falling Global Oil Prices Threaten Jobs in Mexico

Falling Global Oil Prices Threaten Jobs in Mexico

By Narayan Ammachchi Sliding global crude oil prices are dealing a heavy blow to the Mexican economy, with the country’s state-run oil company Pemex deciding to lay off as many as 10,000 workers in its outsourcing divisions. No Pemex employee has been ...

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Southwest Adds Routes to Mexico and Belize

Southwest Adds Routes to Mexico and Belize

By Narayan Ammachchi Southwest Airlines is launching flights to four Mexican cities and Belize next year as part of a broader strategy aimed at expanding its footprint south of the US border. The airliner said that it plans to fly ...

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WPP Continues LATAM Acquisition Spree in Mexico

WPP Continues LATAM Acquisition Spree in Mexico

By Narayan Ammachchi WPP has reached a deal to acquire Mexican digital marketing agency Clarus, as the British advertising giant continues its acquisition spree in Latin America’s digital technology market. Mexico City-based Clarus employs 112 people and works with clients ...

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