Israeli companies are holding cooperation talks with Brazil's second largest wireless operator, Claro, after Israeli consul, economic affairs in Sao Paolo Alon Alexander met with Claro's president.
Claro, a subsidiary of Mexico's America Movil (NYSE:AMX; Nasdaq:AMOV; Mexico:AMXL), consolidates several companies: Telet; Americel; ATL; Tess; and BCP. Claro has seven million subscribers on its TDMA network, and is now switching to a GSM network.
Alexander and Claro's president discussed cooperation between Israeli wireless companies and Claro, and agreed that the companies would carry out joint activities. Israeli technologies will be shown to Claro for future integration into its networks.
Ministry of Industry, Trade and Labor foreign trade administration deputy director-general Ronit Kan told "Globes" that the talks with Claro had lasted for months. The Israeli economic attaché in Sao Paolo and the Israel Export and International Cooperation Institute are currently readying a business delegation to attend Telexpo, South America's largest telecommunications exhibition, which focuses on fixed-line, wireless, and Internet communications.
Israel's exports to Brazil totaled $338 million in 2003, compared with $322 million in 2002.
Published by Globes [online] - www.globes.co.il - on January 19, 2004