GO
Loading...

America Movil SAB de CV

More

  • RIO DE JANEIRO/ PARIS, Aug 27- Brazil's Grupo Oi SA unveiled plans on Wednesday to take over Telecom Italia's local mobile unit, in a move sources said was aimed at breaking up the country's second-biggest wireless carrier and upstaging merger bids by foreign rivals.

  • MADRID/ PARIS, Aug 27- The battle over Brazil's telecoms market is heating up, with the country's biggest fixed-line firm Oi signaling it may make an offer for Telecom Italia's local mobile business.

  • UPDATE 2-Brazil telecoms battle heats up as Oi steps in Wednesday, 27 Aug 2014 | 7:31 AM ET

    MADRID/ PARIS, Aug 27- The battle over Brazil's telecoms market is heating up, with the country's biggest fixed-line firm Oi signaling it may make an offer for Telecom Italia's local mobile business.

  • Telecom Italia to go ahead with bid for Vivendi's GVT Tuesday, 26 Aug 2014 | 2:37 PM ET

    *Vivendi would get 15-20 pct in Telecom Italia- sources. MILAN, Aug 26- Telecom Italia will make a bid valued at roughly 7 billion euros for Vivendi's Brazilian broadband unit GVT, which would leave Vivendi with a 15 to 20 percent stake in the Italian group, said four people familiar with the matter.

  • MEXICO CITY, Aug 22- Foreign direct investment to Mexico was $9.7 billion in the first six months of 2014, a decline of 59 percent from the same period last year, the Mexican Economy Ministry said on Friday.

  • Aug 11- Mobile service provider NII Holdings Inc, reporting its ninth quarterly loss in a row, said on Monday it may have to file for bankruptcy after struggling to compete in Brazil and Mexico. The company, which operates in Latin America under the Nextel brand, ended the second quarter with a net debt of $4.8 billion and with $1 billion in cash and investments.

  • The privately held company obtained a license to operate in Mexico earlier this year, and will use the network owned by Spain's Telefonica, the sources, who requested anonymity as the plans were still not public, said.

  • *Telefonica offers up Telcom Italia stake to Vivendi. PARIS/ MADRID, Aug 5- Spain's Telefonica has made a 6.7 billion euro bid to France's Vivendi for its Brazilian broadband unit GVT, seeking to strengthen its position in a market that accounts for one-fifth of revenue. Telefonica also offered Vivendi the chance to acquire its 8.3 percent stake in Telecom Italia.

  • MEXICO CITY, July 22- Carlos Slim's America Movil said on Tuesday that it was still "flexible" over which assets it would sell to lure a buyer into competing in Mexico's telecommunications market.

  • MEXICO CITY, July 21- Carlos Slim's America Movil, Latin America's biggest telecoms company, said on Monday that new regulation in its core Mexico market was beginning to weigh on its performance.

  • MEXICO CITY, July 21- America Movil said on Monday that its profit in the second quarter rose 32.7 percent from a year earlier on lower financial and exchange-rate costs but missed analysts' expectations.

  • Politics fade as earnings take over Friday, 18 Jul 2014 | 6:30 PM ET
    Espirito Santo International is the parent company of several institutions, including Banco Espirito Santo.

    Even as traders monitor the world's hot spots, corporate earnings news could be a positive for stocks in the week ahead.

  • Controlling around 70 percent of Mexico's mobile market and more than 60 percent of landlines, Slim's America Movil has been blamed for overcharging consumers for patchy service since he bought a former state-run phone monopoly in the early 1990 s.

  • MEXICO CITY, July 14- Carlos Slim's America Movil said on Monday it will take control of just over half of Telekom Austria in a $1 billion buyout offer, giving the Mexican billionaire a base to build up his presence in European telecoms.

  • MEXICO CITY, July 14- Mexico's President Enrique Pena Nieto on Monday signed into law new rules for the telecommunications and broadcasting industries that are designed to curb the power of billionaire Carlos Slim's America Movil and broadcaster Televisa.

  • BUSINESS-NEWS-SCHEDULE AT 1830 GMT / 2.30 PM ET Friday, 11 Jul 2014 | 2:39 PM ET

    BRUSSELS/ MOSCOW- The European Union seeks to reassure Russia that a free-trade pact with Ukraine is not aimed at hurting Moscow, but rejects calls to postpone implementation, offering more talks instead.

  • Slim's Mexico telecoms sale opens doors to competitors Wednesday, 9 Jul 2014 | 5:11 PM ET

    MEXICO CITY, July 9- Mexican tycoon Carlos Slim's plan to divest a chunk of his most valuable asset, phone company America Movil, could open Mexico's telecoms market as never before to rivals.

  • MEXICO CITY, July 9- Carlos Slim's telecommunications company, America Movil, will shed assets to avoid tough new telephone and TV regulations imposed by Mexico's Congress on Wednesday.

  • MEXICO CITY, July 9- Mexican telecoms company America Movil plans to divest assets as quickly as possible to escape tougher regulation, and it hopes to sell to a single buyer, spokesman Arturo Elias said on Wednesday.

  • Midday movers: America Movil, Cummins, Gigamon & More Wednesday, 9 Jul 2014 | 1:00 PM ET
    Traders on the floor of the New York Stock Exchange.

    Some of Wednesday's midday movers: