Look out, U.S. wireless carriers: Wal-Mart is teaming up with billionaire Carlos Slim's América Móvil to train its price-crushing might on cell phones.
In time for the holiday season, the mega-retailer on Wednesday announced a nationwide roll-out of the new prepaid Straight Talk service, offered through América Móvil subsidiary Tracfone Wireless. Unlike mainstream wireless plans that pair cutting-edge phones with higher monthly fees and multi-year contracts, pre-paid services like Straight Talk offer cheaper phones, lower fees and no contracts.
Wal-Mart will offer two Straight Talk options: a $30 monthly plan that comes with 1,000 minutes, 1,000 texts and 30 megabytes of data, and a $45 monthly plan with unlimited voice, texts and data. Straight Talk uses Verizon's (VZ) wireless network. More
Carlos Slim has app envy.
During my interview with AT&T (T) CEO Randall Stephenson at Fortune's Brainstorm TECH conference, he said he was in possession of something that was the envy of his one-time boss, TelMex's (TII) Carlos Slim Helu: an iPhone app.
Okay, it isn't just any old app for Apple's (AAPL) phone. Stephenson's tech folks helped build him a special application that tracks the companies in AT&T's "ecosystem" - partners, competitors, MOREStephanie N. Mehta, Deputy Managing Editor - Jul 23, 2009 1:57 PM ET
There's a Sherman Adams-style political controversy heating up in South America in which the role of the vicuna fur coat is played by a MacBook Air.
The star is Cristina Kirchner, the president of Argentina -- the second woman to hold that office (after Isabel Martinez de Peron).
The supporting role is played by Mexican billionaire Carlos Slim, the second richest man in the world, who controls Telefonos de Mexico (TMX) and MOREPhilip Elmer-DeWitt - May 25, 2008 9:50 AM ET
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