Mexico's Axtel to become virtual operator on Slim's network

miércoles 18 de marzo de 2015 18:13 GYT

MEXICO CITY, March 18 (Reuters) - Mexican telecommunications company Axtel will become the first virtual operator on billionaire Carlos Slim's mobile network, Axtel said in a statement on Wednesday.

The arrangement came about as part of talks that ended a long-standing dispute about interconnection charges between Axtel and Slim's America Movil.

Axtel said it received 950 million pesos ($62.81 million) for agreeing to end those disputes. ($1 = 15.1240 Mexican pesos) (Reporting by Elinor Comlay)