• Home
  • News
  • Coins2Day 500
  • Tech
  • Finance
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
Leadershipphilanthropy

How Billionaire Carlos Slim Is Helping Schoolchildren in Mexico

By
Reuters
Reuters
Down Arrow Button Icon
By
Reuters
Reuters
Down Arrow Button Icon
June 16, 2016, 5:29 AM ET
Luminaries Gather For Clinton Global Initiative Annual Meeting
Photograph by Chris Hondros Getty Images

Mexican billionaire telecommunications tycoon Carlos Slim launched a program on Wednesday to collect used smartphones and donate them to schools, in order to provide students free access to educational materials.

Slim, who controls telecoms giant America Movil, said at an event the firm would offer free wireless broadband access to whoever accessed contents on its website Aprende.org, whose offerings range from elementary math to university courses.

The businessman said he was looking to create a secondary market for smartphones used for a year or two, “giving them an economic value,” and then passing them on for free to public schools.

The firm plans to offer its clients a 500-peso credit ($26) for each smartphone returned in good condition, Slim said.

He added that he hoped his competitors in Mexico, which include Spain’s Telefonica and U.S.-based AT&T (T), followed his lead in offering free access to educational materials.

About the Author
By Reuters
See full bioRight Arrow Button Icon
Rankings
  • 100 Best Companies
  • Coins2Day 500
  • Global 500
  • Coins2Day 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Coins2Day Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Coins2Day Brand Studio
  • Coins2Day Analytics
  • Coins2Day Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Coins2Day
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map

© 2025 Coins2Day Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Coins2Day Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.