Carlos Slim says he's not planning to buy Spain's Digital Plus

The Associated Press
Published: May 16, 2008

MEXICO CITY: Mexican telecommunications magnate Carlos Slim says he is not seeking to acquire Digital+, the satellite TV monopoly of Spanish media concern Prisa.

Slim says he is focused on the expansion of America Movil in Jamaica, Panama and Chile. America Movil is Latin America's largest mobile operator.

Slim made his comments Thursday on the sidelines of a charity event where he announced he is donating US$110 million (€71 million) to fight poverty in Latin America.

There had been news media reports saying that Slim could be interested in Digital+.

Slim said those reports were nothing more than rumors.

In addition to Digital+, Prisa operates the leading Spanish daily newspaper El Pais and radio networks in Spain and Latin America.

Back to top
Home  >  Business with Reuters

Latest News

Doug Mills/The New York Times
Kerri Walsh and Misty May-Treanor have won their second consecutive gold medal in beach volleyball, playing through a steady rain to beat Wang Jie and Tian Jia of China 21-18, 21-18.
Food fees hit international travel
United Airlines is the first U.S. air carrier to take away complimentary meal service to economy passengers on...
Adultery site's ads rejected
ESPN recently urged affiliates to yank a racy commercial for a website that matches would-be adulterers lookin...
A new Cold War?
Forty years ago Soviet tanks moved into Prague; with Russian tanks in Georgia, now some fear a new Cold War.
Surf the web at 30,000 feet
American Airlines' new inflight, broadband service has launched.
Mobile wireless giant is born
Ericsson and STMicroelectronics create joint venture that will supply four of the world's top five cell phone ...
Crash test warning
German autobmobile association ADAC drives cars with a good safety rating into walls at 80 km/h (50mph) - with...
UK airport empire challenged
The UK Competition Commission rules that the Spanish owner of Britain's major airports sell three of them.
Fresh fears for Fannie, Freddie
Fannie Mae and Freddie Mac face greater scrutiny even as the Treasury denied reports of a meeting with Freddie...
A fix for iPhone?
Apple releases a software update for its new IPhone 3G
US plays up diplomacy on Georgia
International community presses Russia to leave Georgia amid renewed US focus on multilateral diplomacy.

Blogs: Managing Globalization

Join the IHT's Daniel Altman in a lively discussion of the day's economic news with an eye on globalization.