MiPhone is potentially just a month away from launching its next generation GSM 3G network ahead of Cable & Wireless in December and will be exclusively marketing the coveted new 3G Apple iPhone in Jamaica priced between US$200 and US$300, said Chief Executive Officer Alejandro Guiterrez during an interview with Caribbean Business Report yesterday.

The new CEO has been in charge since January following the acquisition of MiPhone parent company Oceanic Digital Limited for over US$70 million late last year by fellow Mexican, Carlos Slim, founder of America Movil (AMX). The Latin American telecoms giant has 159.16 million mobile subscribers within Latin America and the Caribbean and generated sales of US$28.5 billion last year.

"I hope that in the next three years we become number one," said Guiterrez, a target which he acknowledged was ambitious and would also depend on reducing termination rates between local mobile providers....

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