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- Latin lowdown - Special Report: Latin America
- The economic problems that have beset the Latin American region are causing foreign investors to take a hard look at their short-term strategies. Having enjoyed considerable growth, some operators now need to restructure their debt following defaults on payments in recent months. But Joanne Taaffe and Ian Kemp find that...
- Research articles 2002-04-22
- Telefonica to acquire Pegaso
- Telefonica Moviles has signed a letter of intent to acquire a 49% stake in Mexican mobile carrier Pegaso. Telefonica Moviles could have the option to buy out all of Pegaso's US-based stakeholders, which include Sprint, Citigroup and Leap Wireless.
- Research articles 2001-08-01
- Telefonica-Pegaso Talks End Without Deal.
- MEXICO CITY, Jun 12, 2001 Spanish-owned Telefonica Moviles' (NYSE:TEM) talks to acquire a stake in Mexican mobile carrier Pegaso drew to a close early last week without a deal having been struck, according to a report in Mexico City daily Reforma. Sources close to...
- Research articles 2001-06-12
- Pegaso-Telefonica Talks Limited To Roaming Deal.
- MEXICO CITY, Jun 4, 2001 Spanish-owned Telefonica Moviles (NYSE:TEM) is not in talks to acquire Mexican mobile carrier Pegaso, according to a report in Mexico City daily Reforma. Telecom industry observers in Mexico said a series of agreements between Pegaso and U.S.-based long-distance carrier...
- Research articles 2001-06-04
- Telefonica-Pegaso Talks Reportedly Still Alive.
- MEXICO CITY, Jun 6, 2001 Spanish-owned Telefonica Moviles (NYSE:TEM) remains in talks to acquire Mexican mobile carrier Pegaso, which is partly owned by U.S.-based Sprint Corp. (NYSE:PCS), despite recent media reports to the contrary, according to a report published Wednesday in Mexico City daily...
- Research articles 2001-06-06
- Telefonica-Pegaso Draft Acquisition Contract.
- MEXICO CITY, May 25, 2001 Alejandro Burillo, chairman of Mexican mobile-phone carrier Pegaso, and company CEO Alejandro Diez Barroso currently are in New York City putting the final touches to a letter of understanding that provides for the sale of a majority stake in...
- Research articles 2001-05-25
- Pegaso Reportedly To Sue America Movil.
- MEXICO CITY, Dec 18, 2000 Mexican mobile telephone carrier Pegaso is planning to sue new Telefonos de Mexico Telmexspin-off America Movil known in Mexico as Telcel over alleged anti-competitive practices bythe company in Mexico City and Monterrey, Reforma business columnist Alberto Aguilarreported. Pegaso...
- Research articles 2000-12-18
- Telefonica Moviles Prepares To Move Up In Mexico
- Telefonica Moviles [TEM] will acquire 65 percent of Mexican mobile operator Pegaso from Sprint [FON], Leap Wireless International [LWIN] and other investors for 82 million euros ($70.5 million), according to an agreement that would make the Telefonica [TEF]-controlled company Mexico's second-largest wireless provider with more than two million customers....
- Research articles 1970-01-01
Additional Resources
- TELEFONICA HAS CONTROL ON PEGASO PCS FOR 5 YEARS
- Telefonica could buy the rest of the stocks of Mexico's Pegaso PCS, but while the Spaniards do not exert this option, the Pegaso Group will have to remain in this association until 2007. Alejandro Burillo Azcarraga, president of Pegaso PCS said to El UnivTelefonica could buy the rest of the...
- Research articles 2002-08-25
- SPAIN: TELEFONICA HAS CONTROL ON PEGASO PCS FOR 5 YEARS.
- Telefonica could buy the rest of the stocks of Mexico's Pegaso PCS, but while the Spaniards do not exert this option, the Pegaso Group will have to remain in this association until 2007. Alejandro Burillo Azcarraga, president of Pegaso PCS said to El Telefonica could buy...
- Research articles 2002-08-25
- Mexico: Pegaso sales up 600% in 18 months.
- Mexico, Jul 19, 2001 Pegaso, Mexican mobile telecoms operator, has grown sales by 600% in its first 18 months in business and will continue to grow with or without Telefonica of Spain, according to chairman Alejandro Burillo. Telefonica and pegaso have supposedly not negotiated...
- Research articles 2001-07-20
- Qualcomm to be repaid under Telefonica and Pegaso deal. (Mexico).
- Qualcomm Inc. said part of the debt owed to it by Pegaso will be repaid as part of Pegaso's purchase by Spain's Telefonica Moviles Telefonica Moviles, the wireless holding unit of Telefonica SA, said it would acquire a 65 percent stake in the heavily-indebtted...
- Research articles 2002-03-01
- Telefonica Moviles and Pegaso to unite in 2003.
- MEXICO CITY, Nov 6, 2002 (Cronica/Corporate Mexico by Internet Securities, Inc. via COMTEX) -- Telefonica Moviles Mexico will integrate Pegaso PCS in 2003. Currently, Telefonica owns 92% of the company, while Pegaso owns 8%, said Eduardo Zaldivar, co MEXICO CITY, Nov 6, 2002 (Cronica/Corporate Mexico by...
- Research articles 2002-11-07
- MEXICO: PEGASO FINALISES SALE WITH TELEFONICA.(Telefonica Moviles )(Brief Article)(Statistical Data Included)
- Alejandro Burillo, the CEO of Pegaso, the Mexican mobile provider, has announced that the sale of 65% of Pegaso to Spain's Telefonica Moviles has been finalised. Burillo managed to increase the initial offer given by the Spanish ... Alejandro Burillo, the CEO of Pegaso, the Mexican...
- Research articles 2002-05-12
- Telefonica expands in Mexico. (News).(to acquire Pegaso PCS)(Brief Article)
- Telefonica says it has signed a letter of intent to acquire Pegaso PCS, extending the Spanish mobile operator's footprint in Mexico. With its 65 percent stake in Pegaso, Telefonica becomes one of Mexico's largest wireless providers, second only to Telcel's America Movil. With 800,000 subscribers, Pegaso's...
- Research articles 2002-03-11
- Grupo Iusacell Seeks Pegaso Alliance, Acquisition.
- MEXICO CITY, May 17, 2001 Mexican mobile carrier Grupo Iusacell has expressed interest in forming a strategic alliance with competitor Pegaso, according to a report in Mexico City daily Reforma. At the same time, Pegaso is believed to be in talks with Telefonica Moviles...
- Research articles 2001-05-17
- Telefonica Moviles receives the green light from the Mexican regulator to buy Pegaso. (Mexico).
- Telefonica Moviles and Pegaso PCS have received the pertinent authorization of the Mexican anti-trust authority COFECO to finalize Telefonica Moviles' acquisition of 65% of the capital stock of Mexican mobile telephone operator, Pegaso PCS. In May, Telefonica Moviles signed an agreement with Grupo Pegaso...
- Research articles 2002-07-01
- Telefonica Moviles completes Pegaso integration. (Global Wireless).
- MEXICO CITY--Telefonica Moviles SA completed its integration of recently acquired Mexican wireless operator Grupo Pegaso, becoming the country's second-largest wireless carrier with more than 2 million ... MEXICO CITY--Telefonica Moviles SA completed its integration of recently acquired Mexican wireless operator Grupo Pegaso, becoming...
- Research articles 2002-09-16
- Mexico's Pegaso Completes Migration To CDMA Platform.
- MEXICO CITY, Sep 5, 2001 Mexican mobile-phone operator Pegaso completed the migration of its clients and infrastructure to the most advanced CDMA platform in the world, said the company. The operation is part of a deal signed in July with Ericsson (NASDAQ NM:ERICY) to...
- Research articles 2001-09-05
- Spain's Telefonica has control on Pegaso PCS for 5 years
- Telefonica could buy the rest of the stocks of Mexico's Pegaso PCS, but while the Spaniards do not exert this option, the Pegaso Group will have to remain in this association until 2007. Alejandro Burillo Azcarraga, president of Pegaso PCS said to El Universal daily "I do...
- Research articles 2002-08-22
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