Companies aim to attract more users, advertisers in growing market for U.S. Hispanics Yahoo and Telemundo Network Group will combine their Spanish-language Web portals, hoping that the site will attract more users and advertisers in the growing, competitive market for U.S. Hispanics, the companies said Wednesday.Yahoo and Telemundo compete against several other U.S. Hispanic portals, including Univision Communications’ Univision.com, Microsoft’s MSN Latino, AOL’s AOL Latino and Terra Networks’ Terra.com.Yahoo and Telemundo, a large Spanish-language TV network in the U.S., hope to strengthen their position in the online Hispanic market by creating a new portal that combines popular Yahoo online services with Telemundo television content. The news comes on the same day the U.S. Census Bureau announced that U.S. Hispanics were the minority group with the fastest growth between July 2004 and July 2005, with a 3.3 percent population increase. U.S. Hispanics, the country’s largest minority group with a population of 42.7 million, accounted for 49 percent of the national population growth between July 2004 and July 2005, the Census Bureau said.Yahoo and Telemundo will combine the portals’ operations in the coming months and eventually the new site, http://telemundo.yahoo.com, will replace Telemundo.com and YahooEnEspanol.com.Although the two portals are in Spanish, the new site will feature content in English, to appeal to Hispanics who are bilingual or only speak English, the companies said. Yahoo and Telemundo will not make equity investments in one another. Telemundo is wholly owned by global media company NBC Universal, which is owned by General Electric Co. and Vivendi Universal. Software Development