Vodafone Pumps Up Latin American Presence; Poses Threat To Telefonica

摘要

The Latin Amencan wireless market is about become an extremely lucrative playing field, and Vodafone Group [VOD ] is vying for no less than a champion position. London-based Vodafone last Monday said it would pay $973.4 million for Grupo Peralta's 34.5 percent stake in Iusacell [CEL], Mexico's second largest mobile operator. Verizon Communications [VZ], Vodafone's partner in U.S. carrier Verizon Wireless, controls Iusacell with a 37 percent stake.