Stories by Juan Carlos Perez

IDC: B2B Marketplaces Sprouting Up in LatAm

FORT LAUDERDALE, FLORIDA (08/15/2000) - Latin America is being flooded with
Internet-based marketplaces that promise to make it easier and cheaper for
companies to buy and sell supplies, a situation that will force many
marketplaces to merge, according to an International Data Corp. (IDC) study
released on Tuesday.

CDnow to Ease Shipping to LatAm & Caribbean

FORT LAUDERDALE, FLORIDA (08/09/2000) - Struggling online retailer CDnow Inc.
on Tuesday announced a partnership to facilitate the shipping of videos, DVDs
and music CDs to Latin America and the Caribbean, a region where e-commerce
holds much promise but is hampered by many barriers.

Lucent Lands US$300M Brazil Contract

FORT LAUDERDALE, FLORIDA (07/31/2000) - Lucent Technologies Inc. will provide
US$300 million worth of telecommunications equipment and services through 2002
to Brazilian carrier Telemar, including switching wares, software products and
billing systems, Lucent announced Monday.

Internet Biz Boosts EDS Services Revenue in LatAm

FORT LAUDERDALE, FLORIDA (07/31/2000) - The rising demand from companies in
Latin America for help with Internet-related activities has significantly
boosted Electronic Data Systems Corp.'s IT services revenue in the region this
year.

Lucent lands $US300M Brazil contract

Lucent Technologies will provide $US300 million worth of telecommunications equipment and services through 2002 to Brazilian carrier Telemar, including switching wares, software products and billing systems, Lucent announced yesterday.

Goal in LatAm's Internet Market: Survival

MIAMI (07/26/2000) - Faced with trickling revenue streams, with few and
reticent users, and with a saturated market still drawing competitors, Latin
America's Internet executives are beginning to sound more like the cast of the
TV show "Survivor" than like high-flying entrepreneurs.

LatAm Embraces Prepaid Wireless Services

FORT LAUDERDALE, FLORIDA (07/17/2000) - Latin Americans are enthusiastically
embracing the option to pay in advance for wireless services to the point where
prepaid plans will overwhelmingly become the preferred payment method in the
coming years.

AT&T LatAm to Invest US$500M in Keytech

FORT LAUDERDALE, FLORIDA (07/13/2000) - AT&T Corp. plans to pump US$500 million
into its Argentina subsidiary during the next four years to beef up its network
so that it can provide advanced telecommunications services to businesses.

LatAm Biggies Launch B2B Exchange

FORT LAUDERDALE, FLORIDA (07/13/2000) - Four multi-billion dollar Latin
American companies have banded to create an Internet marketplace where
companies from the region will be able to buy and sell goods and services.

U.S. SEC to Probe Xerox's Mexico Operation

FORT LAUDERDALE, FLA. (06/29/2000) - The U.S. Securities and Exchange
Commission (SEC) will investigate Xerox Corp.'s business in Mexico, the company
announced Thursday afternoon as U.S. financial markets closed. The news is the
latest in a string of setbacks for the struggling U.S. maker of printers,
copiers and document management software.

Faulty chips corrupt data in handhelds

In the US, some handheld computers from Palm and TRG Products carry a faulty memory chip that can damage stored data, a problem users can fix with a free software download, the companies announced separately yesterday.

IBM Does a US$252M Services Tango with Telefónica

FORT LAUDERDALE, FLA. (06/27/2000) - Telefónica de Argentina SA has decided to
outsource most of its computing operations to IBM Corp. and has awarded Big
Blue a six-and-a-half year contract worth US$252 million, the companies said.

DOJ Expected to Sue to Block WorldCom/Sprint Deal

The U.S. Department of Justice (DOJ) will hold a press conference today at 11 a.m. EDT in which it is expected to announce it will file a lawsuit to block the planned US$129 billion merger between WorldCom Inc. and Sprint Corp.

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