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 Thursday, February 28, 2008

America Movil's 2008 mission: Bring next-generation, 3G mobile phone services to much of Latin America.

Why the 3G push from the region's biggest wireless firm? America Movil's AMX best years of subscriber growth are likely behind it. In 2008, America Movil forecasts that it'll add about 20.5 million net new subscribers, down 28% from last year's 28.6 million.But as subscriber growth wanes, America Movil expects to boost revenue and profit by selling more 3G services.

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