Apocalypse now for Genesis

25 Mar 2009

Mexican wireless group America Movil (AM) has decided to close its fixed-wireless operations in Venezuela, as a result of the global economic crisis, according to a statement from the company. TeleGeography’s GlobalComms database writes that AM’s Venezuelan subsidiary Genesis Telecom received a wireless in the local loop (WiLL) network operating licence in 2000, and concentrated on offering corporate data and internet services.

Venezuela, America Movil (AM), Genesis Telecom