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Slim, Gates to Launch Web Site

March 16, 2000|Reuters

Mexican businessman Carlos Slim, Latin America's richest man, will meet the world's wealthiest, Microsoft Corp. Chairman Bill Gates, on Tuesday to launch a Web portal aimed at Spanish-speakers from Canada to Patagonia. The entrepreneurs will launch the Internet site T1 from Miami, a source close to the organization committee said. In October, Slim's Telefonos de Mexico--a market bellwether--teamed up with Microsoft to develop the Web portal. It will offer free e-mail, instant messaging and shopping sites. Slim is Telmex's major shareholder and chairman of the board. Telmex and Microsoft project that T1 will attract 20 to 30 million users in the next few years.

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