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Carso Global Telecom

Company nameCarso Global Telecom, S.A.B. de C.V.
Company typeSubsidiary
IndustryTelecommunications
FoundedJune 24, 1996
HeadquartersMexico City, Mexico
Key peopleJaime Chico Pardo, (Chairman & CEO)
ProductsFixed & Mobile telecommunications
Internet services
Cable television
Revenue(+) US$ 16.0 Billion (2009)
Net income(+) US$ 1.2 billion (2009)
Employees82,890 (2009)
ParentAmérica Móvil
SubsidiaryTelmex

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Carso Global Telecom is a telecommunications holding company. The company's investments include a 71% stake in Teléfonos de Mexico (Telmex), Mexico's #1 telecom service provider, in partnership with Texas-based AT&T Inc. Carso Global Telecom was spun off from Carlos Slim Helú's Grupo Carso conglomerate in 1996. Top Latin American mobile carrier América Móvil bought Carso Global Telecom for about $17.6 billion in mid-2010 as part of a larger $21 billion plan to consolidate Slim's telecom holdings in Latin America.

The Chief Executive Officer and President of the Board of Directors is Jaime Chico Pardo.


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