In what has become a pattern, America Online Latin America Inc. reported a drop in revenue, a reduction in membership and a smaller net loss in its most recently completed quarter compared with the same period in the prior year.
Holiday shoppers took to the Web in droves to purchase gifts in 2003, spending significantly more online than they did in 2002, according to preliminary figures released by market researcher and consultancy comScore Networks Inc.
America Online Inc. (AOL) on Monday announced its largest Spanish-language advertising and marketing campaign to support its fledgling AOL Latino online service for U.S. Hispanics.
Latin Americans continued to embrace mobile phone service in 2002, as the number of subscribers in the region grew at a healthy pace, but revenue fell primarily due to currency devaluations, according to an IDC study.
AT&T Latin America Corp., which is under Chapter 11 bankruptcy protection, has signed a purchase agreement with telecommunications company Embratel Participacoes SA.