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Tracfone posts

America Movil to Expand Growth with Pre-Paid Data Plans

Posted Apr 5th 2011 5:00PM by Connie Madon (RSS feed)
Filed under: International Markets, Forecasts, Products and Services, Internet, Competitive Strategy, Marketing and Advertising, Brazil, Market Matters, Personal Finance, Headline News, Technology

Carlos Slim, America Movil's (AMX) largest shareholder, became the world's richest man in part from his investments in wireless phone service. His empire spans 18 countries and has 200 million subscribers.

Let's look at America Movil's spectacular growth. The company's markets are primarily in Latin America. American Movil controls 74% of wireless service in Mexico under its Telcel brand, which has 60 million subscribers. Brazil is second with 45 million subscribers. It also is the largest provider in the Caribbean with four million users.

Continue reading America Movil to Expand Growth with Pre-Paid Data Plans

Sprint Nextel, Leap Wireless stand to lose some business

Posted Jul 3rd 2009 11:00AM by Brian White (RSS feed)
Filed under: Consumer Experience, Competitive Strategy, Sprint Nextel Corp (S)

When Sprint Nextel Corp. (NYSE: S) released a $50/month "unlimited everything" plan with its Boost Mobile prepaid unit back at the start of the year, it never knew what firestorm it would eventually set off. Indeed, that move caused a huge spike in Q1 subscribers to Sprint, with a number north of 700,000 -- and it caused the prepaid wireless competition to start offering low monthly costs for unlimited talktime plans (often with unlimited use of other features).

Tracfone, the largest prepaid service in the U.S., has finally fallen into place. The prepaid reseller's "Straight Talk" pan will cost $45 per month for unlimited talktime, further making comparisons of prepaid and post-paid wireless easy for many cash-strapped consumers. With post-paid wireless plans costing $99 and up for unlimited talk, prepaid plans for half the cost are soaring during the recession.

Continue reading Sprint Nextel, Leap Wireless stand to lose some business