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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?

To: ciVic who wrote (34130)	11/28/1999 1:45:00 PM
From: Ellen	Respond to of 108040

cnbc.com Money Talk: Will Terra Networks be the AOL of Latin America? If so, when? And if not, who will take them out? Harmon: Terra Networks {TRRA} certainly has a consortium of portals and ISPs folded into its network, with Telefonica de Espana as majority shareholder. It could become the AOL of Latin America, but doing it and thinking it are two different things. In Terra's favor is the amount of capital it's raised, media tie-ins and Telefonica's reach across Spain and Latin America. I'm not sure if anyone can 'take them out' since they are a large presence. AOL and Yahoo may be fierce competitors, with MSN also announcing a Latin American push.