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AOL Latin America Inc., a division of AOL Time Warner. (Company News: Mexico City).(corporate losses continue)(Brief Article)
Business Mexico, June, 2003
AOL Latin America Inc., a division of AOL Time Warner that offers Internet service in Mexico, reported first-quarter losses of US$31.2 million, lower than last year's US$57.6 million. If the division continues to lose money, the company will probably not continue to give funding for AOL Latin America.
It has started working with McDonald's in Brazil to install kiosks in the restaurant to boost its subscriber pool there.
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