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Telefónica Mexico wants to triple wireless revenue

Thursday, June 27, 2013

Spanish company Telefonica's Mexican unit, the nation’s second-largest phone company, wants to triple its share of the industry’s wireless revenue.

The company would achieve its goal by selling more smartphones and Wi-Fi services and targeting small businesses.

The company, which began operating in Mexico in 2001, currently accounts for 12 percent of the wireless market’s revenue.

Source: Bloomberg