Telefonica Bids To Own The Latin Smartphone Halting Google

Bloomberg: Telefonica SA (TEF), the former Spanish phone monopoly reeling from plummeting sales at home, is plotting to claw back control from Google Inc. (GOOG) in Latin America.Telefonica, luring first-time smartphone buyers in Brazil, is designing a handset software system that is freely available to network operators and manufacturers, similar to Google’s Android, the world’s biggest platform. For network carriers, it’s a chance to have a say over what consumers see, use and buy via their smartphones, lost to Google and Apple Inc. (AAPL) when such handsets became must-have devices.

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