The MNC Index falls in the second quarter, a reflection of the cooling of economic growth in key markets, as well as weakening currencies in the region.
The 3Q12 results of the Latin MNC Index from Latin Business Chronicle
NII Holdings leads wireless growth in Latin America ahead of America Movil and Telefonica.
Latin Wireless Index gains in the second quarter, with Vivo and Oi leading the way.
Oi, Vivo gain most. Telefonica declines and Iusacell grows the least.
Brazil and Peru grew, while Mexico and Argentina declined at NII Holdings.
Telefonica and Vivo gain on the Latin Wireless Index, while America Movil and NII lose.
Brazil's economy is starting to recover, boosting the overall business outlook for this year, foreign executives say.
Brazil and telecom dominate the ranking of Latin America's top 40 technology companies.
2008 figures in millions of US dollars. Notes and sources at the end of ranking.
The economic slowdown has not stopped Latin America’s wireless sector from seeing another increase in the first quarter.
Ranked by 2008 Latin America revenues in millions of US dollars.
Strong Latin America growth at Carrefour, NII and Philip Morris, while sales at Telmex and Eastman Chemical decline.
NII Holdings is expected to deliver a solid second half in line with its strong first half, experts say. Brazil leads the growth.