Portal Expands Relationship with Telefonica Moviles in Mexico; Portal to Provide Rating System for Leading Mexican Mobile Provider
Portal Software, Inc. (Pink Sheets:PRSF), the premier provider of billing and Revenue Management solutions for global communications and media markets, today announced that Telefonica Moviles, one of Mexico’s leading mobile service providers, has expanded its relationship with Portal to include a rating system for its GSM-CDMA based roaming services. In December of 2004, Portal announced that Telefonica Moviles had selected Portal’s Revenue Management solution for its GSM network that provides value-added services for MMS, WAP, GPRS, SMS, and content. Telefonica Moviles is the largest service provider in Latin America and the fourth largest service provider worldwide. Portal also provides solutions to Telefonica in Argentina.
Telefonica Moviles, after extensive competitive analysis, selected the Portal solution to support the needs for the region due to Portal’s branding, roaming, and multi-currency capabilities. Telefonica Moviles currently supports a million roaming events per month and works with dozens of roaming partners throughout the region.
“Telefonica Moviles offers the best quality service for its customers. Portal has the commitment to provide us flexibility and capabilities to support cross-promotions for a variety of customer profiles, and also the ability to handle high volumes of CDRs and customer partners,” said Carlos Valero, chief information officer of Telefonica Moviles.
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Aug. 19 (Bloomberg) -- The following stocks may make significant gains or losses in Latin America today. Symbols are in parentheses after the company name and stock prices are from the last session.
Mexico
Grupo Mexico SA (GMEXICOB MM): Copper prices rose yesterday in New York for a third day this week, resuming a rally that pushed the metal to a record Aug. 16. Inventories monitored by the London Metal Exchange today fell 350 metric tons, or 0.6 percent, the first drop since Aug. 3. Shares of Grupo Mexico, the world's fourth-largest copper producer, fell 1 centavo, or 0.1 percent,
In an Open Letter to all Mexican political parties, Amnesty International Secretary General Irene Khan challenged the leaders to make human rights the cornerstone of Mexican life and a fundamental central pillar of their electoral manifesto.
“Mexico is at a cross roads. The democratic transition is about to move to a new phase in the 2006 elections, but respect for human rights – which is central to the democratic aspirations of all Mexicans - is largely absent from the political agenda, or only present in empty words. Political leaders must move from rhetoric to concrete action if Mexico is to
Treo 650 Launched on Movistar in Mexico
Palm and Movistar are now offering the Treo 650 smartphone to the Mexican market. The Treo 650 is latest Movistar corporate tool, Oficina movistar, for a portable mobile office solution.
Oficina movistar, which was introduced in February, provides companies with a mobile office solution on a portable handheld device, enabling professionals to access corporate emails, contact lists, calendars, to-do lists, and the Internet while out of the office. Designed to work with Movistar's EDGE (Enhanced Data for Global Evolution) network, the Treo 650 smartphone has proven to be a powerful device for Movistar's enterprise
NIC Mexico Improves the .MX Domain Names Infrastructure
NIC Mexico (www.nic.mx), the organization that manages the country code top level domain .MX, presented a new technology development that strengthens the performance of its infrastructure.
"Two years ago, we implemented the Shared Unicast/Anycast technology in one of our servers. This scheme prevents the users from experiencing service degradation in the DNS (Domain Name System) of .MX domain names. During 2005 we implemented the same scheme in all the DNS servers from our network," mentioned Oscar Robles, CEO at NIC Mexico.
"The main idea of the Anycast scheme is to provide a fault
Cintra, Grupo Mexico, Renner, Petrobras: Latin Equity Preview
The following stocks may make significant gains or losses in Latin America today. Symbols are in parentheses after the company name and stock prices are from the last session.
Mexico
Cintra SA (CINTRAA MM): Shares of Mexico's Cintra SA, the state-owned airline holding company, have plunged 21.6 percent after it said Nov. 22 two groups submitted bids to buy Aeromexico and Mexicana, the country's two biggest airlines. The shares fell 8 centavos, or 1.6 percent, to 5.05 pesos.
Grupo Mexico (GMEXICOB MM): Copper prices rose in New York yesterday, resuming a yearlong
GE Energy's Nuclear Business Wins Contract to Boost Mexico Nuclear Plant's Output
GE Energy's nuclear business has been awarded a contract to support the next phase of a Mexico utility's preparations for an extended power uprate (EPU) at the Laguna Verde Nuclear Power Plant in Mexico.
Originally designed by GE, each of Laguna Verde's two boiling water reactors (BWRs) has an output of 695 megawatts. The plant is located in the state of Veracruz, 70 kilometers northwest of the city of Veracruz and 60 kilometers northwest of the city of Jalapa, the state capital, along the Gulf Coast.
Plant operator Comision
Mexico's Che Guevara emerges as sex symbol
Subcomandante Marcos, the elusive, balaclava-wearing Mexican revolutionary, has emerged from the jungle to appear as a "sex symbol" on the cover of a celebrity magazine.
The rebel commander, who led an armed uprising of Chiapas Indians in 1994, was photographed for Quien (Who) magazine with his face covered and puffing on his trademark pipe, which he smokes through a hole in the black mask.
The article, headlined The Sub's Secret Love, described the 48-year-old as a "sex symbol of the jungle" and claimed he was in a relationship with a journalist.
It also coincided with his Zapatista
Mexico Telmex, Spains Telefonica squabble in Chile
Mexican telecommunications giant Telmex on Monday accused its Spanish-owned rival, Telefonica Chile (CTCa.SN: Quote, Profile, Research), of erecting legal roadblocks to a wireless concession it won in Chile last year.
Telmex (TMX.N: Quote, Profile, Research) (TELMEXL.MX: Quote, Profile, Research) and Telefonica are battling for control of Latin Americas booming telecommunications market and Telmex won a concession to operate wireless local loop services (WLL) in Chile in December last year.
Telmex, owned by the Mexican magnate Carlos Slim, won a national license to operate the technology while VTR, a unit of Liberty Media (L.N: Quote, Profile, Research),
Alcan acquires packaging plant in Monterrey, Mexico; price not disclosed
Alcan Inc. has acquired a 250-employee packaging business in northern Mexico as the Montreal-headquartered company expands in the Mexican market.
Alcan said Tuesday it paid an undisclosed price for the packaging assets of Recubrimientos y Laminaciones de Papel, S.A. de C.V., also known as Relapasa, of Monterrey, Mexico.
The acquisition of Relapasa, with 2005 sales of about $22 million US, expands Alcan Packaging Mexico to 1,250 employees at three plants.
"The Monterrey site will provide an expanded manufacturing platform to accelerate Alcan's food and specialty flexible packaging growth in the Mexican
GMAC-RFC Mexico and Founding Shareholders of Credito Inmobiliario Purchase Majority Ownership Interest in Credito Inmobiliario
GMAC-RFC Auritec, S.A (GMAC-RFC Mexico), a leading residential real estate finance company in Mexico, along with the original shareholders of Credito Inmobiliario (led by shareholder Mr. Gerardo Sierra), have purchased a majority ownership interest (approximately 55 percent) in Credito Inmobiliario (CI). GMAC will hold 38.5 percent of CI and Mr. Sierra and his partners will hold 61.5 percent. The selling shareholders were Equity International Properties (EIP), ZN Mexico Funds (ZN), and Grupo Chartwell, S. de R.L. de C.V.
CI is a leading Mexican mortgage non-bank or
