Latin American giant America Movil saw Q1 net profit take a tumble thanks to currency movements, while its service revenue growth was stalled by Mexican regulatory reform. The fall of the Brazilian currency against the US dollar was the main …
The post America Movil’s net profit takes beating from forex losses appeared first on Mobile World Live.
KPN’s carrier services operation, iBasis, this week scored an LTE signalling exchange and roaming contract from Claro Peru, a subsidiary of America Movil.
Brazilian banking group Bradesco is planning to roll out NFC mobile payments across Brazil by summer 2014, through a partnership with mobile operator Claro and SIM card provider Giesecke & Devrient.