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: President Rafael Correa warned Saturday that Mexican telecommunications company United States Movil must go forth Republic Of Ecuador unless it hikes an deficient 2nd command to maintain its mobile telephone service contract in the country.

"The first offering they presented us was a existent abuse to our intelligence. The 2nd isn't as bad, but it's calm far from what the grant is really worth," Correa said in his weekly radiocommunication address, without telling the amounts United States Movil had offered.

America Movil SAB, Latin America's biggest mobile telephone service provider, which is owned by Mexican billionaire Carlos Slim, have operated in Republic Of Ecuador since 1993. Its grant runs out in August, but two previous, unrevealed offerings to renew its trade were rejected by Ecuador's government.

No 1 answered phone calls at United States Movil's central office in United Mexican States seeking remark on the issue.

Correa in February announced that local units of measurement of United States Movil and Spain's Telefonica SA, which runs a challenger mobile telephone service in Latin America, must pay a concerted US$700 million (€445 million) to renew operating contracts — 12 modern times the US$58 million they paid for their grants in the 1990s. Today in Business with Reuters

Telefonica on Friday agreed to pay US$220 million (€140 million) to widen its contract through 2023, Correa said. He threatened to throw an international auction bridge for United States Movil's grant and except the United Mexican States City-based company from command if it doesn't attain a trade in the adjacent few weeks.

America Movil's subsidiary, Porta, commands 68.8 percentage of Ecuador's mobile telephone market, while Telefonica's Movistar commands 26.8 percentage and state-run Alegro personal computers controls 4.4 percent.

About 9.8 million of Ecuador's nearly 14 million people have got mobile phones.