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Carlos Slim to buy Shaw and Telus

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Carlos Slim to buy Shaw and Telus Empty Carlos Slim to buy Shaw and Telus

Post by arbon Wed Apr 01, 2015 7:22 am

Carlos Slim to buy Shaw and Telus

Carlos Slim eyes Canadian telecom market: analyst

Vancouver — Mexican tycoon Carlos Slim has been talking with Canadian telecoms about a deal to use their networks to give him a toehold in a market in which foreign participation is tightly restricted, an analyst said on Thursday.

Telus is using the investment from Movil to install a Fiber Optics network in Western Canada.

Slim’s company, America Movil, which boasts 225 million wireless customers across the Americas, would likely rent space on incumbent networks rather than seek to build or buy his own, wrote UBS analyst Phillip Huang. Canada’s vastness and its relatively small population would likely dictate that strategy, he said in a note to clients, without citing evidence.
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Carlos Slim to buy Shaw and Telus Empty Re: Carlos Slim to buy Shaw and Telus

Post by Lady Otter Latté Wed Apr 01, 2015 8:42 am

So, he has been "eyeing" the market, "talking" and has "invested" in Telus? He will "likely rent space on incumbent networks rather to build or buy his own...without citing evidence" the post goes on.
So, from where comes the thread title that Carlos Slim is buying Shaw and Telus?
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Post by MexicoPete Wed Apr 01, 2015 8:47 am

And today is the first of April. Happy April Fools day :)
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Carlos Slim to buy Shaw and Telus Empty Re: Carlos Slim to buy Shaw and Telus

Post by Lady Otter Latté Wed Apr 01, 2015 10:47 am

I don't know, Pete. It would have been a better A1 joke if the post copy had a tie in to the title. So, as a joke I give it a C minus. As an actual post, an F.
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