New Delhi, March 7 -- Mexican billionaire Carlos Slim has reportedly terminated his collaboration with Elon Musk's satellite internet venture, Starlink, in a move that is set to reshape the telecommunications landscape in Latin America.

The decision, first reported byMexico Daily Post, follows increasing tensions between the two business magnates, culminating in Slim's strategic pivot towards independent infrastructure development.

Slim's telecom giant, America Móvil, has announced an ambitious investment of $22 billion over the next three years to enhance its own telecommunications infrastructure, the report added.

According to the publication, this initiative aims to solidify its market dominance while reducing reliance on exter...