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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies -- Ignore unavailable to you. Want to Upgrade?

To: SpinCity1 who wrote (93747)	9/7/1999 10:25:00 AM
From: jopawa	Read Replies (2) \| Respond to of 119973

PASA, possible deal with CPQ, really going to fly: Compaq considering Internet-access deal for Latin America By Reuters Special to CNET News.com September 6, 1999, 5:45 p.m. PT URL: news.com Compaq Computer, the world's largest PC maker, aims to enter the growing online services business in Latin America by offering Internet access as part of package deals with its computer hardware, a company official said today. Compaq is in talks with several Internet providers to join forces, much like the way Telefonos de Mexico, the country's biggest phone company, has teamed with Acer Computec LatinoAmerica, the Mexico-based unit of Taiwanese computer maker Acer. The idea is to offer packages at affordable prices and financing terms and take advantage of the booming Net market in Latin America. International Data Corporation has estimated that nearly 7 million Latin Americans will be online by the end of 1999, but that that number will grow to 16 million in 2002. “We're going to be launching a service center as an Internet provider," Enrique Ospina, vice president and general manager of Compaq in Latin America, said. "We've had conversations with several firms to sell our equipment with them in the event that they want to provide Internet services," he said. Houston-based Compaq is Latin America's leading supplier of personal computers with a market share of 23.6 percent, far outdistancing International Business Machines, which ranks No. 2 with a 10.1 percent share, according to consulting firm Dataquest . Compaq already offers such packages in the United States. In Latin America, the company would offer either direct Net access or an alliance through another provider in Latin America. Compaq has offices in Mexico, Brazil, Argentina, Ecuador, Venezuela, Chile, Puerto Rico, Colombia, and Peru. It services the rest of the region through its center of operations in Houston. "Mexico is a little out front in the region in this area and we think that is something that can be done in the entire region," Opsina said of a hardware companies linking with Net providers. Ospina declined to provide an estimate of how much revenue such a venture could generate, saying prices in the field fluctuated too much to make a proper forecast. Under the Telmex-Acer plan launched in June, consumers get a new Acer computer plus two years of unlimited Internet access through Telmex's Prodigy Internet services for a down payment of about $122 plus two years of monthly payments of about $59. Telmex has said it is selling more than 1,000 packages a day, or a total of 33,000 since its launch in June. Ospina would not provide Compaq's sales estimates but said its computer unit sales in Latin America grew 46 percent from April to to June compared with the same period a year ago. "We can practically say that one in every four computers sold is Latin America is a Compaq," he said. Story Copyright © 1999 Reuters Limited. All rights reserved. Go to Front Door \| Communications \| Search \| Short takes \| One Week View email,web,phone,fax,chat-Octane Software Join CNET, we're hiring Copyright © 1995-99 CNET, Inc. All rights reserved. Privacy policy.