245 Million Users of Mobile Transaction Services by 2014 in Latin America

Buenos Aires - December 10, 2009 - Signals Telecom Consulting, the leading telecommunications research and consulting firm for markets in Latin America and the Caribbean, announces the availability of its report entitled "Mobile Transaction Market: Banking, Payments and Money Transfers." In this study, Signals examines various mobile banking alternatives and the use of cell-phones to make payments.

FCC Approves Sale of Vitelco and Innovative to Former Lender

From the St. Thomas Source - the Innovative/Vitelco mess is still being cleaned up:

"The Federal Communications Commission has approved the sale of Vitelco and its related firms to the National Rural Utilities Cooperative Finance Corporation (CFC), the specialized bank for rural utilities that originally lent former ICC owner Jeffrey Prosser and his corporations more than half a billion dollars. This is just one of several such governmental clearances before the transfer of the phone company, once owned by the now bankrupt Prosser, can be finalized."