One ranks among the greatest wealth creators of all time. The other has made investing during crisis an art form. Who has mattered more?» Read More
Jan 17- NII Holdings Inc, which provides telecom services under the Nextel brand in Latin America, said it would offer Apple Inc's iPhone 5 S and iPhone 5 C to its customers in Brazil, sending its shares up 25 percent before the bell.
NEW YORK, Jan 16- Phil Falcone, the billionaire investor whose Harbinger Capital Partners owns wireless satellite company LightSquared, said Thursday he expended considerable energy in 2012 and 2013 trying to work out who was buying up LightSquared's debt.
MEXICO CITY, Jan 16- America Movil, the Mexican mobile company owned by billionaire businessman Carlos Slim, said on Thursday its U.S. subsidiary Tracfone Wireless had completed its purchase of Start Wireless Group's assets. The deal, for an undisclosed price, was first announced in May.
*America Movil buys Telekom Austria stake from Slim family. Slim's America Movil will own 26.8 percent of Telekom Austria after buying a 3.14 percent stake from a family foundation, enough to veto big decisions at the Austrian firm but below the 30- percent mandatory takeover offer threshold.
MEXICO CITY, Jan 9- Mexico's economy should grow by more than 5 percent per year in the second half of President Enrique Pena Nieto's 2012-2018 administration thanks to economic reforms, Finance Minister Luis Videgaray said on Thursday.
*Spain needs foreign investment to secure jobs growth. Peru- based Grupo Santo Domingo pledged 100 million euros as part of a wider capital injection in Spanish property firm Colonial. "It's a logical phenomenon," said Enrique Quemada, head of Madrid- based M&A adviser ONEtoONE Capital Partners.
MEXICO CITY, Dec 20- Mexico's telecoms regulator has taken the first steps to weaken Carlos Slim's hold on the phone market, setting out plans to make the billionaire' s fixed-line provider share part of its network.
MEXICO CITY, Dec 17- Mexico's telecommunications watchdog has opened a probe into a complaint of excess concentration of power in the telephone and television markets, industries dominated by phone company America Movil and broadcaster Televisa.
Dec 9- NII Holdings Inc, which provides telecom services under the Nextel brand in Latin America, said it would cut more than 1,400 jobs in its market operations and over 25 percent of the workforce at its Virginia headquarters. NII, which operates in Mexico, Brazil, Argentina and Chile, had about 16,100 employees as of December 2012.
MEXICO CITY, Dec 4- Mexico's telecoms industry watchdog said on Wednesday it has informed the companies it will assess for tougher regulation, likely the first step in taking measures against phone giant America Movil and broadcaster Televisa.
The bill raised hopes Pena Nieto was serious about breaking the hold a select few have on much of the economy, but a pile-up of pending bills in Congress has made the Dec. 9 deadline for the secondary telecoms legislation increasingly unlikely.
BARCELONA, Nov 21- Spanish telecom group Telefonica on Thursday said it is open to mergers, acquisitions and deals to share networks in Mexico, where it lags far behind former monopoly and arch-rival America Movil.
MEXICO CITY, Nov 20- The chief executive of Mexico's state-run oil monopoly Pemex on Wednesday criticized the compensation paid to the chairman of Spain's Repsol as excessive, amid a tussle over the handling of a dispute involving Argentina.
MEXICO CITY, Nov 19- Mexican billionaire Carlos Slim is not looking to purchase a 10 percent stake in Spanish oil company Repsol, spokesman Arturo Elias Ayub said on Tuesday.
VIENNA, Nov 14- America Movil does not plan a hostile takeover bid for Telekom Austria following its failed attempt to buy Dutch company KPN, its chief executive said. But CEO Daniel Hajj said America Movil had not acquired its stake a year ago in order to mount a takeover and saw itself as a stable partner of fellow large shareholder Austria.
VIENNA, Nov 14- America Movil does not plan a hostile takeover bid for Telekom Austria following its failed attempt to buy Dutch company KPN, its chief executive said.
MEXICO CITY, Nov 11- Mexico's new telecommunications watchdog said on Monday it may identify this month which companies dominate the local market, likely paving the way for tougher regulation against telecom company America Movil and broadcaster Televisa.
MEXICO CITY, Oct 31- Mexico's Congress on Thursday passed a package of measures aimed at bolstering the country's weak tax revenues, but only after watering down a plan that is expected to have a moderate impact at best.
MEXICO CITY, Oct 31- Mexico's Senate on Thursday made new cuts to a tax reform plan that President Enrique Pena Nieto proposed to increase the nation's anemic tax take before sending the bill back to the lower house of Congress for final approval.
MEXICO CITY, Oct 30- Mexico's Senate on Wednesday was close to passing a package of measures to bolster the country's weak tax revenues, including higher taxes for the rich, levies on sugary drinks and junk food, as well as a charge on stock market gains.