PhoneCardSmile.Com Logo
E-mail: Password:
Welcome to
Mexico Phone Card News, AT&T Phone Card News
Mexico's Alfa To Buy AT&T's Stake In Telecom Unit Alestra

Date: 4/15/2011 11:34:38 AM

-Mexican conglomerate Alfa SAB (ALFA.MX) said Friday it will buy partner AT&T Inc.'s (T) 49% stake in telecommunications company Alestra, lifting Alfa's stake to 100%.

Increasing our stake in Alestra will give us the opportunity to strengthen our strategy based on advanced IT and telecommunications solutions with an emphasis on the new generation of cloud services for the Mexican enterprise market and will open up additional strategic options for us, said Alejandro Elizondo, Alfa's senior vice president for development, in a press release.

Terms of the acquisition weren't disclosed.

Alestra is the smallest of Alfa's four businesses, which also include petrochemicals, auto parts and processed foods. Alestra offers data transmission, Internet, IT security, hosting and other services along with local and long-distance telephony, serving 200 cities in Mexico. Its main focus is on value-added corporate services, where growth has been compensating for declines in traditional phone use.

Alestra had revenue of $96 million for the first quarter of this year, and $361 million for all of 2010.

PCS Tags: Calling Cards, Cheap Calling Cards, Phone Cards, Free Phone cards

PCS Popular Country: India Phone Card, Malaysia Phone Cards, Phone Card China, Phone Card Peru  Phone Card News Stats


<-- Back

International Phone Card Search

Calling From United States to:
Phone Card Name (Optional):
Provide Local Access in

Navigation Links:

Live Help!

My Rewards Program

Secured and Verified by:
About SSL Certificates
HACKER SAFE certified sites prevent over 99.9% of hacker crime.
Discover, Master, Visa, American Express
Your current IP is:

Phone Card Rates
Brazil Phone Card, Brazil Calling Card Flag   Brazil 0.2¢ Canada Phone Card, Canada Calling Card Flag   Canada 0.1¢
China Phone Card, China Calling Card Flag   China 0.1¢ Egypt Phone Card, Egypt Calling Card Flag   Egypt 3.1¢
France Phone Card, France Calling Card Flag   France 0.1¢ Germany phone card, Germany calling card flag   Germany 0.1¢
Iraq Phone Card, Iraq Calling Card Flag   Iraq 1.0¢ india phone card, india calling card flag   India 0.1¢
italy phone card, italy calling card flag   Italy 0.1¢ Japan Phone Card, Japan Calling Card Flag   Japan 0.3¢
Korea South Phone Card, Korea South Calling Card Flag   S. Korea 0.1¢ Mexico Phone Card, Mexico Calling Card Flag   Mexico 0.4¢
Nigeria Phone Card, Nigeria Calling Card Flag   Nigeria 2.8¢ Philippines Phone Card, Philippines Calling Card Flag   Philippines 4.6¢
Russia Phone Card, Russia Calling Card Flag   Russia 0.3¢ Taiwan Phone card, Taiwan Calling Card Flag   Taiwan 0.1¢
South Africa Phone Card, South Africa Calling Card Flag   S. Africa 0.9¢ USA Phone card, USA Calling Card Flag   USA 0.3¢
UK Phone Card, United Kingdom Calling Card Flag   UK 0.1¢ USA Phone card, USA Calling Card Flag   Vietnam 0.8¢
Phone Card News

More News...