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Posted on ZDNet News: Jan 8, 2008 8:45:00 PM

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Best Buy Chief Executive Brad Anderson said on Tuesday that the electronics retailer plans to expand into Mexico in 2008. "We will be opening stores in Mexico this year," Anderson told Reuters at the Consumer Electronics Show in Las Vegas.

Anderson declined to give details on when and where the stores would open. Separately, Anderson declined to comment when asked if Best Buy was in talks to buy Carphone Warehouse, Europe's largest independent mobile phone retailer. Best Buy in September revealed that it had bought a 3 percent stake in the company.

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Story Copyright © 2008 Reuters Limited. All rights reserved.

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