Type | Subsidiary |
---|---|
Industry | Telecommunications |
Founded | June 24, 1996 |
Headquarters | Mexico City, Mexico |
Key people | Jaime Chico Pardo, (Chairman & CEO) |
Products | Fixed & Mobile telecommunications Internet services Cable television |
Revenue | US$ 16.0 Billion (2009) |
Net income | US$ 1.2 billion (2009) |
Employees | 82,890 (2009) |
Parent | América Móvil |
Subsidiaries | Telmex |
Website | www.cgtelecom.com.mx |
Carso Global Telecom is a telecommunications holding company. The company's investments include a 71% stake in Teléfonos de Mexico (Telmex), Mexico's #1 telecom service provider, in partnership with Texas-based AT&T Inc. Carso Global Telecom was spun off from Carlos Slim Helú's Grupo Carso conglomerate in 1996. Top Latin American mobile carrier América Móvil bought Carso Global Telecom for about $17.6 billion in mid-2010 as part of a larger $21 billion plan to consolidate Slim's telecom holdings in Latin America.
The Chief Executive Officer and President of the Board of Directors is Jaime Chico Pardo.