Telmex to buy Argentine WiMAX operator

1 Sep 2006

Telmex, owned by Mexican billionaire Carlos Slim, has signed a preliminary deal worth USD22.5 million to buy Argentine ISP Ertach, which operates one of the two WiMAX networks in the country. Broadband provider Ertach, previously known as Millicom Argentina, operates the country’s largest WiMAX network, covering 100 municipalities in the province of Buenos Aires.