company, Telcel, which was created out of the Radiomóvil Dipsa company, operated almost 80 percent of the entire country's cellphones.

In 1991, he acquired Hoteles Calinda (now OSTAR Grupo Hotelero), a hotel chain and in 1993, he increased his stakes in General Tire, an American tiremaker and a distributor of aluminum profiles and aluminum concern Grupo Aluminio to the point where he had a majority interest in the company.