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Carlos Slim

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  • 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...

  • 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,...

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

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

  • Carlos Slim builds fortune with eye for bargains Tuesday, 29 Apr 2014 | 7:00 AM ET

    Turned a raft of industrial acquisitions and the sale of the state telephony monopoly into a business empire that touches most aspects of Mexican life.

  • Will there be a trillionaire in the 21st century? Thursday, 24 Apr 2014 | 12:01 PM ET

    Income inequality is growing and the rich keep getting richer. In 25 years a serial entrepreneur with grand visions may cross the wealth threshold.

  • Who matters more: Warren Buffett or Carlos Slim? Tuesday, 11 Feb 2014 | 3:55 PM ET
    Carlos Slim (left) and Warren Buffett.

    One ranks among the greatest wealth creators of all time. The other has made investing during crisis an art form. Who has mattered more?

  • CNBC 25 faceoff: Battle of the billionaires   Tuesday, 11 Feb 2014 | 2:54 PM ET
    CNBC 25 faceoff: Battle of the billionaires

    CNBC's Sara Eisen and Dominic Chu take a look at two of the world's richest men, the legendary "Oracle of Omaha," Warren Buffett and Mexican mega billionaire, Carlos Slim.

  • Eike Batista: The downfall of a $30 billion tycoon Saturday, 26 Oct 2013 | 6:39 PM ET
    Eike Batista

    Eike Batista's OGX—the cornerstone of his short-lived mining, energy and shipping empire—is expected to file for bankruptcy as early as this weekend.

  • Carlos Slim

    Bidding for a struggling Dutch telecoms group may seem an odd move for a Mexican billionaire, but Carlos Slim could be placing a long-term bet on an improvement in the European economic climate and in Germany in particular.