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Carlos Slim

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  • WASHINGTON/ MEXICO CITY, Nov 11- AT&T's $1.7 billion agreement to buy Iusacell, Mexico's No. 3 cellular operator, puts it in the unfamiliar position of market underdog, owning an asset that may require billions in investment to catch up to the market's two larger players. That growth will put AT&T in direct competition with former ally Carlos Slim's America Movil,...

  • MEXICO CITY, Nov 6- Mexico's telecommunications regulator on Thursday approved a new set of rules to allow phone customers to transfer their numbers from one provider to another within 24 hours. The new rules approved by the Federal Telecommunications Institute will take effect within 90 days of their publication in the country's national gazette, due in the...

  • MEXICO CITY, Oct 31- Mexico and its main construction companies could help carry out a plan to spur economic growth and jobs in Central America to stem illegal immigration to the United States, a senior Mexican government official said on Friday. Struggling to stop a record flood of child migrants to the United States earlier this year, Guatemala, Honduras and El...

  • 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 looking to sell assets: Sources  Monday, 15 Sep 2014 | 2:51 PM ET

    America Movil is looking to sell assets for up to $20 billion, reports CNBC's Michelle Caruso-Cabrera

  • 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 unveils winning design for $9B airport Wednesday, 3 Sep 2014 | 2:43 PM ET
    British architect Norman Foster accepts an award during Save The Children Awards 2011 in Madrid, Spain.

    Mexico's government on Wednesday unveiled the winning design for a new airport for the capital.