Carlos Slim Helu, world's telecommunications king - From Mexico to east Europe

Source: eKapija Tuesday, 17.02.2015. 15:21
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Have you ever wondered who earns from your calls, messages and megabites spent through smart phones? If you lived in Latin America the answer would be simple – Carlos Slim Hel. This 75-year old man became known in Serbia 4 years ago when he bought tender documentation for the acquistion of Telekom Srbija but he gave the purchase up very quickly. With almost USD 70 billion, the third richest man in the world according to Forbes, immediately after Bill Gates and Warren Buffett, let his sons manage the most profitable companies while he holds the position of president of honour.Slim is active in communications field, real estate, air traffic, media, technology, finance and trade and he own also Grupo Carso conglomerate which comprises America Movil, operating in 18 countries of north and south America and has 265 milion users and Telmex.A year ago, Slim increased the stake at Telekom Austria from current 27% can block decisions of minority stakeholders while he needs 3% more to become majority owner of the company. Today, a foundation was named after him as well. In ’60, Carlos Slim studied construction at the National independant university in Mexico. With only 25, he started building the foundation of his future kingdom, Grupo Carso. It is said that it is not appropriate how someone earned his first million and Carlos Slim in the sixties already had USD 40 m. In the ’80, he was considered a successful businessman in different industries and in the times of Mexican debt crisis and nationalization of banking system when state finance almost paralyzed, he and his group actively invested and acquired companies.

In early nineties, his group acquired Mexican telecommuncations Telmex together with partners Telekom France and Southwestern Bell Corporation (SBC) and started new era of enterpreneurial development at the global level. Until Telemex invested more than USD 27,5 billion in telecommunication structure of Mexico, and USD 33 billion at the level of entire Latin America.He started expanding his influence on other continents in 1999, when he became the owner of telecommunications operators in USA. "America Telecom", holding for "America Movil" was set up in 2000 and it comprised ownership over telecommunications operators in Brazil, Argentini, Gvatemala and Ecuador, then Columbia, Nicaragua, Peru, Chile, Hondurasu and El Salvador. Cooperation with giant Microsoft which resulted in successful platform "ProdigyMSN" started then. Slim stepped into the European continent with the acquisition of the stake at Austrian Telekom, which he sees as a "platform for expansion in mid and east Europe". Telekom Austria operates in Slovenia, Poland, Bulgaria, native Austria and in our parts, in Croatia and Macedonia it is available through VIP mobile. Carlos Slim showed also significant interest for media so a month ago, he became an ower of 16,8% stake at New York Times and he is setting up with Larry King digital Ora TV, after the leave of this world-famous popular showman from the American TV CNN.

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