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Carlos Slim

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  • MEXICO CITY, Feb 20- Mexican billionaire Carlos Slim, who already controls America Movil, tightened his grip on Latin America's biggest phone company, according to a U.S. regulatory filing on Thursday that shows two companies controlled by Slim bought more shares.

  • NEW YORK, Feb 11- Mexico and China are discussing creating a joint fund for investments in infrastructure projects in Latin America's No.2 economy, Mexican deputy finance minister Fernando Aportela said on Tuesday during a visit to New York.

  • MEXICO CITY, Feb 11 (Reuters)- America Movil, Latin America's biggest phone company controlled by billionaire businessman Carlos Slim, on Tuesday reported a better-than-expected quarterly profit, helped by a drop in taxes and a slight pick-up in revenue.

  • RIO DE JANEIRO/ LONDON, Feb 11- Latin American stocks followed U.S. markets higher on Tuesday after U.S. Mexico's benchmark IPC stock index had its biggest jump in more than a month, driven by a nearly 3 percent gain in heavily weighted telecommunications firm America Movil, controlled by tycoon Carlos Slim.

  • *Japan's Softbank seen exploring a bid for T-Mobile US. The German group ultimately would like to sell T-Mobile US because it sees its fourth position behind Verizon, AT&T, and Softbank's Sprint as limiting long-term profitability, said people familiar with its thinking.

  • Deutsche Telekom faces tough call on U.S. mobile exit Tuesday, 11 Feb 2014 | 2:00 AM ET

    *Japan's Softbank seen exploring a bid for T-Mobile US. The German group ultimately would like to sell T-Mobile US because it sees its fourth position behind Verizon, AT&T, and Softbank's Sprint as limiting long-term profitability, said people familiar with its thinking.

  • MEXICO CITY, Feb 5- British companies recognize the security threats posed by Mexico's drug violence but are more focused on opportunities in a batch of economic reforms in Latin America's No.2 economy, Britain's visiting deputy prime minister said on Wednesday.

  • Telefonica in talks to buy Mexico's Iusacell -reports Wednesday, 5 Feb 2014 | 3:26 PM ET

    MEXICO CITY, Feb 5- Spanish phone company Telefonica is in talks to buy Mexico's third-largest cellphone company, Iusacell, according to media reports on Wednesday. Citing people familiar with the matter, Bloomberg and Spanish newspaper El Economista reported that Telefonica was in talks with Grupo Televisa and Grupo Salinas, which co-own Iusacell.

  • *To cut additional jobs in the Netherlands. Shares in the group, which in 2013 fended off a takeover bid by top shareholder Carlos Slim's America Movil, fell as much as 5.7 percent in early Tuesday trading after it said fourth-quarter mobile revenues fell 13 percent year-on-year.

  • *To pay dividend of 0.07 euros per share in 2014. BRUSSELS, Feb 4- Dutch telecoms group KPN reported worse than expected core profit in the fourth quarter, as revenues from its Dutch mobile phone business fell at a faster rate than in the previous quarter.

  • *Austria wants to keep at least 25 pct of Telekom Austria. *Telekom Austria shares slip 0.9 pct, in line with sector. VIENNA, Jan 31- Austria is open to Carlos Slim's America Movil taking a majority stake in Telekom Austria, the head of the state holding company said, paving the way for a long-awaited move by the billionaire investor.

  • BUSINESS-NEWS-SCHEDULE AT 1330 GMT / 8.30 AM ET Thursday, 30 Jan 2014 | 8:45 AM ET

    Editor: Malcolm Davidson +44 20 7542 6958 Global Picture Desk:+ 65 6870 3775 Global Graphics Desk:+ 65 6870 3595. -EMERGING-GROWTH/, expect by 1500 GMT/ 10 AM ET, by Sujata Rao, 800 words. -RUSSIA- ECONOMY/, moved, by Lidia Kelly, 800 words.

  • UPDATE 1-Nextel to offer latest iPhones in Brazil Friday, 17 Jan 2014 | 12:18 PM ET

    Jan 17- Nextel mobile phone service, owned by NII Holdings Inc, will offer Apple Inc's iPhone 5 S and iPhone 5 C to its customers in Brazil. Shares of NII, which will offer an Apple smartphone in Brazil for the first time, jumped as much as 27 percent in morning trading.

  • 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.

  • 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.

  • Why has Carlos Slim bid for KPN?     Friday, 9 Aug 2013 | 4:54 AM ET
    Mexican billionaire Carlos Slim.

    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.