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Avantel Company

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January 19, 2001 | Bloomberg News
Avantel, a Mexican telecom company partly owned by WorldCom Inc., plans to spend $200 million this year to move into the local phone market after reaching agreement with Telefonos de Mexico on interconnection fees. Avantel agreed with Telmex in December to set the connection fee between networks at 1.25 cents a minute, down from 3.36 cents a minute last year.
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BUSINESS
January 19, 2001 | Bloomberg News
Avantel, a Mexican telecom company partly owned by WorldCom Inc., plans to spend $200 million this year to move into the local phone market after reaching agreement with Telefonos de Mexico on interconnection fees. Avantel agreed with Telmex in December to set the connection fee between networks at 1.25 cents a minute, down from 3.36 cents a minute last year.
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