Word: starmedia
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Dates: during 2000-2009
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...continent's dismal communications infrastructure. Fewer than 2 million Latin Americans use wireless Internet technology today, but the Washington-based Strategis Group forecasts that by 2007, 48 million will. That's a key reason Atlanta-based telecom giant BellSouth this summer spent $25 million for an 11% stake in StarMedia. It hopes to use the ailing multilingual Latin American Web portal as a launching pad for services like e-mail on mobile Internet--"for those epic traffic jams we all know so well in Sao Paulo," says BellSouth's Latin American director, Roberto Peon...
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