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Exhibit 99.2
[LETTERHEAD OF CIBC WORLD MARKETS CORP.]
The Board of Directors
FirstCom Corporation
220 Alhambra Circle, Suite 910
Coral Gables, Florida 33134
Members of the Board:
CIBC World Markets Corp. ("CIBC World Markets") hereby consents to the inclusion
of the opinion letter of CIBC World Markets to the Board of Directors of
FirstCom Corporation ("FirstCom") as Annex B to, and to the reference thereto
under the captions "SUMMARY - The Merger - Opinion of FirstCom's Financial
Advisor" and "THE MERGER - Opinion of FirstCom's Financial Advisor" in, the
Proxy Statement/Prospectus of FirstCom and AT&T Latin America Corp. ("AT&T Latin
America") relating to the proposed merger transaction involving FirstCom and
AT&T Latin America. In giving such consent, we do not admit that we come within
the category of persons whose consent is required under, and we do not admit
that we are "experts" for purposes of, the Securities Act of 1933, as amended,
and the rules and regulations promulgated thereunder.
By: /s/ CIBC WORLD MARKETS CORP.
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CIBC WORLD MARKETS CORP.
New York, New York
July 24, 2000
