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Monday, December 10, 2007
Special Reports

Mexico's Wireless Boom

Mexico, Latin America's second-largest wireless market, is growing the number of subscribers and the size of the market. Telcel remains the undisputed market leader.
A new payment system, pre-paid cards, the growing popularity of text-messaging and lower charges overall, are spurring wireless growth in Mexico, Cofetel says. (Photo: Cofetel)  

BY RONALD BUCHANAN

MEXICO CITY —  Mexico's wireless market bounded head in the third quarter. The number of lines rose by 21.3 percent year-on-year while there was 54.7 percent growth in air time, the regulator Cofetel reported.

Yet Telcel's market dominance was scarcely dented. Telcel is the local  unit of América Móvil, controlled by Carlos Slim -- the wealthiest entrepreneur in Latin America and, by some accounts, the world.

TELCEL AND MOVISTAR

Telcel has a 74 percent market share, compared with 17 percent for its leading competitor Movistar, a unit of Spain's Telefónica Móviles.  Niche...

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