Michael.... here's a little hot off the presses positive news. El Monday September 27, 7:38 pm Eastern Time
Mexico's Telmex to sell Compaq
computers
MEXICO CITY, Sept 27 (Reuters) - Mexican telecommunications
giant Telefonos de Mexico (Telmex) (NYSE:TMX - news) will soon
offer Compaq computers under a successful installment-payment
deal to Internet clients, a company official said on Monday.
The official, asking not to be identified, told Reuters the deal with Compaq Computer Corp. (NYSE:CPQ
- news) would expand the choices available to clients, who up till now have only been able to get Acer
computers through the payment package.
The installment offer took off like a storm when it was launched in June, and orders were running at
more than 1,000 a day at the end of August.
The package included two years of Internet access through Telmex's Prodigy Internet Plus and an Acer
computer for a monthly payment of around $53 and a down payment of around $122.
Industry sources, asking not to be identified, said expanding the offer to Compaq computers might have
become necessary because of the high demand which Acer may not have been able to match.
Acer Mexico general director Juan Luis Tron dismissed the speculation about supply problems.
''Demand is very good, higher than expected, but there haven't been any problems (with supply),'' said
Tron.
Telmex and related firm, telecommunications holding company Carso Global Telecom, are the main
shareholders of U.S. Internet Prodigy Communications Corp (NasdaqNM:PRGY - news).
Telmex estimates Mexico has about one million Internet users on 400,000 accounts, of which 210,000
are with Telmex. Mexico's population is close to 100 million.
More Quotes
and News:
Compaq Computer Corp (NYSE:CPQ - news)
Prodigy Communications Corp (NasdaqNM:PRGY - news)
Telefonos de Mexico SA de CV (NYSE:TMX - news)
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