the empire is in the telecommunications, telmex. and we'll get into that later.hen one of the largest companies in all of latin american, and owns mexico's major retail out let and mexican chain. and then insurance companies, and bottling company, and cigarette manufacturer, and much real estate and on and on and on. are you always looking to acquire? >> no. some of the companies you are talking about were in '65. we are not in the bottling business anymore. and we sold the tobacco business, also. we were partners. and then we are concentrating because during these 45 years, because of the circumstances we were involved, and then we were focusing a little more in what we think were the more important implementations in business and management, and we got out of the line that we were trying to be involved, because there was a crisis in mexico. and that meant nobody was investing. we were investing in paper and tires for cars, and we investing in in auto parts. and then we are focusing on the operation, the tile business, and then we are focusing on -- like i was t

the empire is in the telecommunications company telmex which he acquired in 1990 when mexico began privatizingl industries. a decade later spun off the cell phone business, american mobile, and it's one of the largest companies in all of latin america. he owns mexico's major retail outlet and biggest restaurant change chain. his interest includes one of mexico's most important banks, airline, mining company, hotels, construction, insurance companies, a boting company, cigarette manufacturer, much real estate and on and on and on. are you always looking to acquire? >> no. the companies you're telling there -- was '65 when i begin. we are not in the bottles business anymore. we sold the tobacco business also to our partners. we are concentrating, because during these 45 years and depending on the circumstances we were involved, we have the possibility to buy some business. with the time we were focusing a little more in the what we think have the more important potential. some of these business get out of the line we were trying to -- because in '82 there were a big crisis in mexico and that mea

nonnuclear arms treaty telmex smog the legislators will only pass the ratification deal in the first of three required readings. it was ratified by the senate wednesday would limit each country's nuclear warheads to 1550 down from the current ceiling of 2200. russian parliament says it would have to study the legislation accompanying the treaty. is the christmas eve christians are celebrating the best loved bethlehem thousands of pilgrims will be making their way through the church they are gathering should be quite a scene we will bring him live pictures throughout the morning. we will be right back. this is catch them captain adam white won a say hello to my friends and family in walnut creek californium c'mon dad, back chris the will gain. i can't wait to see you guys and be back in the bay area. >> its curent and dave williams we want to say hi to our west coast williams's. >> on basting kuwait virginia. on as they tried to mother and my brothers in severances go california wish you a merry christmas and happy new year. welcome back time right now is for 40 4:00 a.m. following th