SPOTLIGHT: Wireless industry makes man "richest in world"


Carlos Slim, who has a net-worth of $62.9 billion, is currently the richest person in the world, beating out Bill Gates. Slim is the only majority investor in America Movil, a Mexican carrier whose stock price has climbed 26 percent in the past three months. Slim also has a stake in Telmex, a telecom with a stock price that grew 11 percent during the same period. Gates has an estimated networth of about $59.2 billion. Article

Suggested Articles

Final tests in April showed Samsung's virtualized 5G RAN could deliver the same results as a traditional hardware-based solution.

Verizon recently completed a proof-of-concept trial with Ericsson using Integrated Access Backhaul (IAB) technology.

Activist investor Elliott Management says Crown Castle International is in need of a makeover, most notably in its fiber strategy.