By: Forbes Real Time
September 27, 2013 at 15:13 PM EDT
Mexican Tycoon Carlos Slim Welcomes Telecom Challenge From Britain's Richard Branson
Britain's headline-grabbing billionaire Richard Branson, founder of Virgin Group, plans to take on Carlos Slim, the world’s second richest person, on Slim's home turf: Mexico. In an exclusive interview with Expansión magazine this week, Branson said that he is getting ready to enter the cell phone market in Mexico, currently controlled by Carlos Slim’s América Móvil. "I think there's room for both of us. I don't think [Slim] will suffer much from our presence," he told the magazine.
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