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.» Read More
MEXICO CITY, March 14- Tycoon Carlos Slim, under fire from regulators in his home country, has spent the last two years sniffing out deals in Europe to offset an impending regulatory shake-up of Mexican telecoms.
VIENNA, March 11- Austria and America Movil are still in talks on pooling their stakes in Telekom Austria but have not moved to formal negotiations, the state holding company said.
March 10- NII Holdings Inc, which provides telecom services under the Nextel brand in Latin America, said it hired financial firms for advise on a potential sale of the company and on ways to deal with its $5.79 billion debt load. NII is struggling to stem customer losses in Mexico and Brazil, where it faces intense competition.
MEXICO CITY, March 6- Mexico's telecoms regulator said on Thursday it would introduce measures to boost competition in a market dominated by billionaire Carlos Slim's phone giant America Movil.
March 3- Bill Gates has returned to the top of Forbes magazine's annual list of the world's richest people, as rising stock markets swelled the ranks of billionaires, which included a record number of women.
*Telekom Austria shares up 0.7 pct. VIENNA, Feb 25- Carlos Slim's America Movil and the Austrian government are moving towards a deal to pool their stakes in Telekom Austria, which would lead to a takeover offer and mark a further step in the Mexican tycoon's expansion in Europe.
*Telekom Austria shares up 2.3 pct. VIENNA, Feb 25- An alliance between Carlos Slim and the Austrian government to control Telekom Austria moved closer as Slim said he wanted to start formal talks and Austria said it was interested.
VIENNA, Feb 25- Austria is interested in the prospect of forming a shareholder pact with Carlos Slim's America Movil to pool their stakes in Telekom Austria, the economy minister said.
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.
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.
Robin Bienenstock, senior analyst for European and Latin American telecommunications at Sanford C Bernstein, says Mexican billionaire Carlos Slim's bid for KPN is all about Germany.
Dutch telecom group KPN's main shareholder America Movil has ended an agreement to limit its holding to below 30 percent, a sign it may bid for the whole company.
With industrial economies, it's OK to have workers retire at 65, Slim says. But in developed economies, built on knowledge and experience, 60 is when workers hit their prime.
The world's second-wealthiest man explains to CNBC why workers in Europe and other parts of the developed world are at the "best" part of their career after they reach their 60s.
Mexican billionaire Carlos Slim thinks the central banks' easy money is all good, with CNBC's Michelle Caruso-Cabrera.
CNBC's Michelle Caruso-Cabrera spoke with Mexican billionaire Carlos Slim about why he thinks Mexico is the best place to invest right now. And, Fast Money trader Josh Brown reveals how he's managing his bearish call on Microsoft.
The billionaire telecom titan has slipped in rankings of the world's richest men, reports CNBC's Michelle Caruso-Cabrera.
In an exclusive interview, telecom titan Carlos Slim provides his take on Mexico's regulation of the telecom industry, which could force him to breakup America Movil.
Carlos Slim, one of the world¿s richest men, sheds light on his philosophy on wealth by reading poetry in Spanish from Kahlil Gibran¿s ¿The Prophet.¿
California officials may decide to investigate a group campaigning against one of the world's richest men, reports CNBC's Michelle Caruso-Cabrera.