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US Telecom Aims to Use Fintech to Build Mexican Prepaid Market

Summary by Financial Post
(Bloomberg) — A US technology service firm wants to boost mobile prepaid sales in Mexico by partnering with financial technology companies, its chief executive officer said.

2 Articles

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A US technology service company seeks to increase prepaid mobile phone sales in Mexico through alliances with financial technology companies, according to its executive director. Earlier this month, a consortium formed by Oxio and Newfoundland Capital Management, named Melisa Acquisition, announced the purchase of Telefónica Hispanoamérica, a subsidiary of the Spanish company Telefónica for $450 million. This acquisition includes Movistar, the M…

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Financial Post broke the news in Canada on Monday, April 20, 2026.
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