Oct 30- Japanese telecom and media group SoftBank Corp has set its sights on the wireless assets put up for sale by America Movil, the Wall Street Journal reported, citing people familiar with the matter. SoftBank recently asked Sprint Corp Chief Executive Marcelo Claure to gather information on the assets that America Movil is planning to sell, sources told the...
The group, in which Mexican billionaire Carlos Slim's America Movil has a 21.4 percent stake, said the improvement was most noticeable in its consumer mobile and business operation, though core profit still fell by 15 percent. It also sold its German business E-Plus to Spain's Telefonica in a deal valued at 8.6 billion euros. The company competes with Vodafone...
MEXICO CITY, Oct 23- Mexico's America Movil said on Thursday its third-quarter net profit fell 38 percent compared with a year earlier, missing expectations as taxes and exchange rate losses rose. The company, which is controlled by the family of billionaire Carlos Slim, said net profit in the July-September period fell to 10.12 billion pesos from 16.38 billion...
MEXICO CITY, Oct 23- Mexico's America Movil on Thursday said its third-quarter net profit fell 38 percent compared to a year earlier as taxes rose and the cost of sales jumped. The company, which is controlled by the family of billionaire Carlos Slim, said profit in the July-September period fell to 10.12 billion pesos from 16.38 billion pesos a year earlier.
MEXICO CITY, Oct 20- America Movil, Latin America's biggest phone company, on Monday said it holds nearly 60 percent of Telekom Austria after its extended offer for the Austrian company closed last week. The purchase increases the sway billionaire businessman Carlos Slim holds over the Austrian phone company, after the initial offer period saw Slim's America...
MEXICO CITY, Oct 9- Mexico's government on Thursday kick-started a project to launch a state-owned mobile network by 2018, part of a wider effort to support competitors to billionaire Carlos Slim's dominant America Movil. Mexico's telecoms regulator and the telecommunications and transport ministry agreed on terms and conditions for the development of...
Oct 7- Billionaire Carlos Slim said on Tuesday that America Movil is trying to sell assets from Mexico's west Coast and the border with the United States, not just the east coast, as part of a previously announced divestiture. Bloomberg reported in September that America Movil, Latin America's biggest telecommunications company, could unload infrastructure...
MEXICO CITY, Sept 23- Spain's Telefonica is considering a range of tie-up options in Mexico with broadcaster Grupo Televisa, including creating a new telecommunications company together, a person with knowledge of the matter said.
*Alcatel, Ericsson helped group that made bid. MEXICO CITY/ PARIS, Sept 19- Mexico has received its first bid from a consortium to build a $10 billion state-owned mobile network, a linchpin of efforts to break the hold of Carlos Slim's America Movil on telecom services.
Sept 15- Carlos Slim's America Movil has contacted AT&T Inc and SoftBank Corp as the telecommunications company tries to sell a chunk of assets that could be worth up to $17.5 billion, Bloomberg reported on Monday, citing people with knowledge of the matter.
AMERICA MOVIL SEEKS AT& T, SOFTBANK BIDS FOR MEXICAN. Sept 15- Mexican telecom company America Movil has reached out to AT&T Inc and Japan's SoftBank Corp as it looks to sell assets along the east coast of Mexico that could fetch as much as $17.5 billion, Bloomberg reported, citing people with knowledge of the matter.
MEXICO CITY, Sept 9- Mexican construction companies, including Grupo Ica and billionaire Carlos Slim's Grupo Carso, have formed a consortium to bid on contracts to build a new airport for Mexico City, construction industry group CMIC said on Tuesday.
MEXICO CITY, Sept 4- Mexico is likely to pick an experienced, foreign construction company, working in partnership with local firms, to build a new $9 billion international airport in Mexico City, Telecoms and Transport Minister Gerardo Ruiz Esparza said on Thursday.
MEXICO CITY, Sept 4- Mexico is likely to pick an experienced, foreign construction company, working in partnership with local firms, to build a $9 billion Mexico City airport, Telecoms and Transport Minister Gerardo Ruiz Esparza said on Thursday.
MEXICO CITY, Sept 3- Mexico's government on Wednesday unveiled the winning design for a new, futuristic, spider-shaped airport for the capital that will ease delays and boost capacity at a cost of 120 billion pesos in public and private funding.
Mexico's government on Wednesday unveiled the winning design for a new airport for the capital.
MEXICO CITY, Sept 3- Mexico's government will finance the first stage of a new $9.15 billion airport planned for the capital via cash flow from the current airport and could issue up to 30- year bonds to finance later stages, a senior project official said on Wednesday.
MEXICO CITY, Sept 3- Mexico's government will finance the first stage of a new $9.15 billion airport planned for the capital via cash flow from the current airport, and could issue up to 30- year bonds to finance later stages, a senior project official said on Wednesday. President Enrique Pena Nieto formally announced the project on Tuesday.
SANTANDER, Spain, Sept 1- Telefonica plans to exit Telecom Italia once the Spanish group has finalised the purchase of Vivendi's Brazilian broadband unit GVT, its chairman said on Monday, ending a long-standing shareholding.
RIO DE JANEIRO/ PARIS, Aug 27- Brazil's Grupo Oi SA unveiled plans on Wednesday to take over Telecom Italia's local mobile unit, in a move sources said was aimed at breaking up the country's second-biggest wireless carrier and upstaging merger bids by foreign rivals.