MEXICO CITY Aug 6 America Movil, the largest
cell phone operator in Latin America, on Wednesday said it
would begin selling Apple Inc's (AAPL.O) iPhone this month in
10 countries within the region.
America Movil (AMX.N) (AMXL.MX) said in a statement that
the new iPhone will be available as of Aug. 22 in Argentina,
Chile, Colombia, Ecuador, El Salvador, Guatemala, Honduras,
Paraguay, Peru and Uruguay.
In May, America Movil reached a deal to distribute the
popular iPhone -- a touch screen device that combines a music
and video player with a cell phone and Web browser -- across
The company's Mexican shares (AMXL.MX) traded up on
Wednesday 0.16 percent to 25.35 pesos while its New York-traded
stock (AMX.N) lost 0.47 percent to $50.84.
America Movil's archrival in the region is Spain's
Telefonica SA (TEF.MC), which is also preparing to distribute
the iPhone throughout Latin America later this month.
Controlled by Mexican billionaire Carlos Slim, America
Movil has already started selling the devices in Mexico and its
Brazilian unit Claro is expected to begin sales in the coming
America Movil operates in 16 countries in Latin America and
the Caribbean as well as the United States.
(Reporting by Michael O'Boyle, editing by Gerald E.