Apple 2.0

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America Movil to carry iPhone in Latin America

May 7, 2008: 12:16 PM ET

Another day, another subcontinent.

One day after Vodafone (VOD) announced it would be carrying Apple's (AAPL) iPhone in 10 countries in Europe, Asia and Australia, Reuters reports that America Movil (AMX) will be bringing the iPhone to Latin America.

America Movil is a big player. With more than 150 million subscribers, the Mexico City-based Fortune 500 company is the largest mobile operator -- and the largest corporation -- in Latin America, with subsidiaries in Central America, South America and much of the Caribbean. Its founder and chairman is Carlos Slim Helu, one of the richest men in the world, with an estimated net worth $67.8 billion (link). This is the kind of CEO -- and the kind of company -- Steve Jobs likes to partner with.

As with yesterday's terse announcement from Vodafone, there is no word on when the deal starts, what models are covered and whether it is exclusive.

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About This Author
Philip Elmer-Dewitt
Philip Elmer-DeWitt
Editor, Apple 2.0, Fortune

Philip Elmer-DeWitt has been following Apple since 1982, first for Time Magazine, and now on the Web for Fortune.com.

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