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Telecom Carlos Slim

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  • Why Mexico Excites Billionaire Carlos Slim.. Potential Tuesday, 11 Jun 2013 | 12:51 PM ET
    Why Mexico Excites Billionaire Carlos Slim.. Potential

    CNBC's Michelle Caruso-Cabrera spoke with Mexican billionaire Carlos Slim about why he thinks Mexico is the best place to invest right now. And, Fast Money trader Josh Brown reveals how he's managing his bearish call on Microsoft.

  • Carlos Slim's Wallet Takes A Hit Tuesday, 11 Jun 2013 | 10:10 AM ET
    Carlos Slim's Wallet Takes A Hit

    The billionaire telecom titan has slipped in rankings of the world's richest men, reports CNBC's Michelle Caruso-Cabrera.

  • Why Carlos Slim is 'Very Happy' About Price Caps Tuesday, 11 Jun 2013 | 8:42 AM ET
    Why Carlos Sims is ' Very Happy' About Price Caps

    In an exclusive interview, telecom titan Carlos Slim provides his take on Mexico's regulation of the telecom industry, which could force him to breakup America Movil.

  • Carlos Slim's Philosophy on Wealth Monday, 10 Jun 2013 | 12:00 AM ET
    Carlos Slim's Philosophy on Wealth

    Carlos Slim, one of the world¿s richest men, sheds light on his philosophy on wealth by reading poetry in Spanish from Kahlil Gibran¿s ¿The Prophet.¿

  • Carlos Slim Protesters No Laughing Matter Monday, 3 Jun 2013 | 6:51 AM ET
    Carlos Slim Protesters No Laughing Matter

    California officials may decide to investigate a group campaigning against one of the world's richest men, reports CNBC's Michelle Caruso-Cabrera.

  • Slim Protest Friday, 31 May 2013 | 12:00 AM ET
    Slim Protest

    Protesters disrupt a Carlos Slim event at New York Public Library on May 9th, 2013. The Mexican billionaire sits quietly as the protesters exit the auditorium.

  • 2 Giants Likely to Weather Mexican Telecom Reform Monday, 27 May 2013 | 12:23 PM ET
    Inside an America Movil SAB Telcel store in Mexico City.

    Reforms that aim to level the playing field of Mexico's telecom industry will not necessarily end the dominance of the two big players.

  • What Motivates the World's Richest Man? 'Not Money' Tuesday, 30 Apr 2013 | 3:07 PM ET
    Maria Bartiromo

    Record low interest rates, cold hard cash on balance sheets and Mexico are among the themes at the Milken Institute Global Conference.

  • Billionaire Population Hits 1,453—Or Maybe 4,000 Thursday, 28 Feb 2013 | 3:15 PM ET

    Guessing the number of billionaires in the world (or even in a single country) is just that -- a guessing game. But it's a highly profitable and increasingly popular one.

  • AT&T Mulls Takeover in Europe: Report Thursday, 17 Jan 2013 | 5:55 AM ET
    US Economy Has ‘Wonderful Upside’: AT&T CEO

    U.S. telecoms group AT&T is looking at an acquisition in Europe, possibly of Dutch peer KPN or the UK's Everything Everywhere, the Wall Street Journal reported.

  • Carrier America Movil profit up 66.8 percent in 3Q Thursday, 25 Oct 2012 | 10:22 PM ET

    MEXICO CITY-- Mexican telecommunications company America Movil says its profits jumped 66.8 percent in the third quarter from the same period last year, reaching 30.6 billion pesos. America Movil also expanded its cellphone customer base. America Movil SA is Latin America's biggest telecom company.

  • Carrier America Movil profit up 6.6 percent in 3Q Thursday, 25 Oct 2012 | 9:28 PM ET

    MEXICO CITY-- Mexican telecommunications company America Movil says its profits rose 6.6 percent in the third quarter from the same period last year, reaching 30.6 billion pesos. America Movil also expanded its cellphone customer base. America Movil SA is Latin America's biggest telecom company.

  • New York Times 3Q net income drops 85 percent Thursday, 25 Oct 2012 | 3:06 PM ET

    The media company, which publishes its namesake newspaper and the Boston Globe, earned $2.3 million, or 2 cents per share, in the July-September period. In the year-ago quarter, the Times Co. booked a one-time gain of $37.8 million, or 24 cents per share, from the sale of its stake in the Red Sox and other sports holdings.

  • Mexico opens antitrust probe into mobile phone market Thursday, 25 Oct 2012 | 1:37 PM ET

    MEXICO CITY, Oct 25- Mexico's main competition watchdog said on Thursday it had started an investigation into possible monopolistic practices in the country's mobile phone market, which is dominated by tycoon Carlos Slim. Slim's mobile phone company America Movil has about 70 percent of Mexico's market.

  • Inequality and the World Economy: True Progressivism Friday, 19 Oct 2012 | 10:03 AM ET
    Inequality and the World Economy: True Progressivism

    A new form of radical centrist politics is needed to tackle inequality without hurting economic growth.

  • Carlos Slim Increases Stake in NYT Thursday, 6 Oct 2011 | 12:59 PM ET
    Carlos Slim Increases Stake in NYT

    The Fast Money traders weigh in on the trade before Friday's jobs report; the play on mid-day market movers; and Mexican business magnate, Carlos Slim increases his stake in the New York Times.

  • Mexico Takes Aim at a Titan in Telecom Monday, 9 May 2011 | 10:09 AM ET
    Carlos Slim

    In the two decades that Carlos Slim Helú has turned a crumbling Mexican phone monopoly into a continental telecom giant, he has successfully fought off competitors and challenged authorities who wanted to limit his companies’ control. But over the last few weeks, a series of developments is threatening to chip away at Mr. Slim’s dominance. The New York Times reports.

  • Five Things We're Watching: April 4, 2011 Sunday, 3 Apr 2011 | 9:08 PM ET
    Unit 4 at Fukushima nuclear power plant shown on March 16, 2011.

    No signs of agreement on the Federal budget, Southwest managing safety concerns, and Japan still wrestling with its troubled reactors. Here's what we're watching...

  • Five Things We're Watching: March 9, 2011 Tuesday, 8 Mar 2011 | 6:55 PM ET
    Carlos Slim

    Financials in focus, trading on Twitter and the rich list. Here's some of what we’re watching — and therefore you should as well.‬‬