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Carlos Slim

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  • VIENNA, Jan 22- Big foreign shareholders in Austrian companies OMV and Telekom Austria could exit agreements with the state following plans by the government to change the way it manages its holdings, a senior official said. Siegfried Wolf, the chairman of state holding company OIAG, made the comments in an interview with magazine News while defending OIAG's...

  • MEXICO CITY, Jan 17- China Telecommunications Corporation, the parent of China's third-largest carrier, is studying a possible investment in Mexico, a company spokesman said on Saturday, a day after Reuters reported that the subsidiary is preparing a possible bid for Mexico's new $10 billion mobile broadband network. The spokesman for subsidiary China...

  • China Telecom studying Mexico investment - spokesman Saturday, 17 Jan 2015 | 1:21 PM ET

    MEXICO CITY, Jan 17- China's third-largest carrier China Telecom is studying a possible investment in Mexico, a company spokesman said on Saturday, a day after Reuters reported that it is preparing a possible bid for Mexico's new $10 billion mobile broadband network. The spokesman for subsidiary China Telecom Corporation Ltd. did not comment directly on the...

  • MEXICO CITY, Jan 16- China's third-largest carrier China Telecom is preparing a possible bid for a contract to build and run a new mobile broadband network in Mexico and is seeking local partners to join it in a consortium, three people with knowledge of the matter said. It has already secured up to several billion dollars of financing from Chinese...

  • BOGOTA, Jan 14- Facebook Inc Chief Executive Mark Zuckerberg launched a free Internet application in Colombia on Wednesday as part of a drive to bring developing markets online, but remained mute on when and if the company would look to move into China. Colombia is the first nation in Latin America and the fourth in the world to receive the new Internet.org...

  • UPDATE 1-Carlos Slim becomes top NY Times shareholder Wednesday, 14 Jan 2015 | 6:11 PM ET

    Jan 14- Mexican billionaire Carlos Slim has become the largest shareholder of New York Times Co after exercising warrants to double his stake in the publisher to 16.8 percent. New York Times, controlled by the Ochs-Sulzberger family through Class B shares, paid back the loan in 2011.. New York Times intends to use cash proceeds of about $101.1 million to buy back...

  • Mexican billionaire becomes largest NY Times shareholder Wednesday, 14 Jan 2015 | 5:40 PM ET

    NEW YORK— The New York Times Co. says Mexican billionaire Carlos Slim is now the largest holder of its publicly traded shares. New York Times later refinanced the high-interest loan and paid it off three years early. The Sulzberger family controls The New York Times Co. through a trust that owns 90 percent of its Class B stock, which isn't publicly traded, and 3.8...

  • Carlos Slim becomes NY Times largest shareholder Wednesday, 14 Jan 2015 | 5:19 PM ET

    Jan 14- New York Times Co said Mexican billionaire Carlos Slim has increased his stake to 16.8 percent, becoming the largest shareholder of the company. Entities affiliated with Slim exercised warrants to acquire nearly 15.9 million shares of Class A common stock at $6.3572 per share. The New York Times Co is controlled by the Ochs-Sulzberger family through...

  • MEXICO CITY, Jan 9- Mexico's telecommunications regulator has fined both Carlos Slim's fixed-line unit Telmex and satellite TV provider Dish Mexico for failing to disclose fully a tie-up between them, the companies said in separate statements on Friday. Dish Mexico was fined 43 million pesos while Telmex was fined 14.4 million pesos. Dish Mexico is a joint...

  • Mexico to auction high speed mobile spectrum in 2015 Monday, 22 Dec 2014 | 3:14 PM ET

    MEXICO CITY, Dec 22- Mexico said on Monday it planned to auction high-speed mobile phone spectrum in 2015 for the first time in five years as the government seeks to ramp up competition in a sector long dominated by tycoon Carlos Slim. Mexico's government completed a major telecommunications reform in 2014 designed to loosen the hold Slim's America Movil has...

  • MEXICO CITY, Dec 19- Mexico's telecoms regulator has opened a fresh antitrust investigation into companies offering voice, data and video services, which could affect Carlos Slim's telephone company America Movil and broadcaster Televisa. The IFT has already declared billionaire Slim's America Movil and Televisa to be dominant players in Mexico,...

  • MEXICO CITY, Dec 16- Mexico's telecommunications regulator IFT has approved a plan from dominant broadcaster Televisa that lays out how the company will share infrastructure with competitors in order to avoid stiff penalties tied to its share of controlling more than half the market, the watchdog said on Tuesday. The plan is part of a process that Televisa, the...

  • MEXICO CITY, Dec 2- Uber Inc has signed a deal with billionaire Carlos Slim's America Movil to bring its app, which allows users to summon a car on their smartphones, to new customers in Latin America in a move it says could be a model for other regions. Starting on Tuesday, the Uber app will be promoted on millions of Android phones that use telecoms company America...

  • MEXICO CITY, Dec 2- Uber Inc has teamed up with billionaire Carlos Slim's America Movil telecoms company to bring its app, which allows users to summon a ride on their smartphones, to new customers in Latin America in a move it says could be a model for other regions. Starting on Tuesday, the Uber app will go on millions of Android phones that use America Movil as their...

  • MADRID, Nov 27- Mexican billionaire Carlos Slim is set to become the largest investor in Spanish builder FCC after agreeing to buy top shareholder Esther Koplowitz's part of a $1.3 billion capital increase. But the investment of around 700 million euros in FCC, one of the Spain's top employers, is his highest profile move in the country. In a statement to Spain's...

  • MEXICO CITY, Nov 20- Three companies have presented bids for an upcoming tender to operate two public television networks, Mexico's telecoms regulator said on Thursday, as efforts to open up a sector dominated by broadcasting giant Televisa gather pace. The three companies are Centro de Informacion Nacional de Estudios Tepeyac, Cadena Tres I and Grupo Radio...

  • MEXICO CITY, Nov 20- Three companies have presented bids for an upcoming tender to operate two public television networks, Mexico's telecoms regulator said on Thursday. The three companies are Centro de Informacion Nacional de Estudios Tepeyac, Cadena Tres I and Grupo Radio Centro, the Federal Telecommunications Institute said in a statement.

  • WASHINGTON, Nov 13- The U.S. Export-Import Bank has mischaracterized potentially hundreds of large companies and units of multinational conglomerates as small businesses, a flaw in its record keeping that could undermine the export lender's survival strategy. "Rarely does Ex-Im miss a opportunity to claim that it primarily helps small business, but Ex-Im is...

  • WASHINGTON, Nov 13- The U.S. Export-Import Bank has mischaracterized potentially hundreds of large companies and units of multinational conglomerates as small businesses, a flaw in its record keeping that could undermine the export lender's survival strategy. A Reuters analysis showed companies owned by billionaires like Warren Buffet and Mexico's...

  • Televisa, Mexico's top broadcaster and pay TV provider, is rolling out services that compete with Slim's phone company. Televisa executives filed a complaint with Mexico's new telecom regulator, claiming that Telmex had sent calls made to a cable TV service line to the phone of one of Televisa's customers during four hours last Friday. The new regulations are...