Mexico's Slim to acquire Nicaraguan pay TV company Estesa

Mexico's América Movíl, flagship of Carlos Slim's business empire, is going to acquire Nicaragua's leading pay TV provider, Estesa, said Augusto Vargas, Estesa's general manager said.

Monday, June 2, 2008

The announcement follows the breakdown of talks with two other potential bidders, Benetton and Spain's La Caixa, Vargas said.
Slim, Latin America's most powerful business magnate, will make the acquisition through América Movil's local unit, Enitel, reports said.

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América Móvil Merges Brands in Nicaragua

May 2009

Nicaraguan Companies belonging to Grupo América Móvil will offer their services under one brand: Claro.

This was announced at the Crowne Plaza Convention Center by Robert Samson, who will be responsible for the overall direction of the consortium, as part of the re-launch of the now unified service under the Claro brand, which now includes no-cost installations and optimization in malfunction repair.

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