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.
June 12- The owner of Univision Communications Inc have recently held preliminary talks about selling the Spanish-language broadcaster with CBS Corp, Time Warner Inc and other media companies, the Wall Street Journal reported, citing people familiar with the matter.
MEXICO CITY, April 28- Mexican broadcaster Grupo Televisa, the world's biggest provider of Spanish-language content, said on Monday first-quarter profit fell 20 percent from a year earlier, a period that reflected a gain from offloading distribution rights.
NEW YORK, April 16- Mexican mobile phone operator Iusacell SA de CV sued IBM Corp on Wednesday, accusing the U.S. technology giant of making fraudulent representations that caused it to lose $2.5 billion in profits. But the complaint centered on a contract that Iusacell said IBM induced it to enter into in Mexico.
Some of the names on the move ahead of the open.
'Instructions Not Included,' a Spanish-language film with English subtitles, generated $10 million in sales over the weekend, a record for a Spanish film in the US.
California officials are set to decide whether or not they will investigate an organization running a campaign against the world's richest man, Mexican telecom tycoon Carlos Slim.
Reforms that aim to level the playing field of Mexico's telecom industry will not necessarily end the dominance of the two big players.
Mexico's government has threatened the country's telecommunications giants with forced asset sales, unveiling a plan to loosen billionaire Carlos Slim's hold on the telephone market and curb broadcaster Televisa's dominance of the airwaves.
The world’s largest Spanish language broadcaster is investing not only in new content but also readying for the multitude of new ways consumers will watch its programming, CEO Emilio Fernando Azcarraga Jean told CNBC’s “Squawk Box” on Monday.
MEXICO CITY, Oct 25- Mexico's main competition watchdog said on Thursday it had started an investigation into possible monopolistic practices in the country's mobile phone market, which is dominated by tycoon Carlos Slim. Slim's mobile phone company America Movil has about 70 percent of Mexico's market.
MEXICO CITY-- Mexican broadcaster Televisa says its profit rose 41.5 percent in the third quarter on the strength of gains from pay-TV subscribers. Grupo Televisa SAB is the world's largest producer of Spanish-language TV programs. It also owns Mexico's biggest television network.
Evidently Christmas came very, very early for retailers this year – in February!
Don't let the pundit-speak about "lagging indicator" or the market's move Friday fool you, the job market is crucial to the stock market right now.
Companies including TD Ameritrade, Coach and Turkey's Turkcell could be on Warren Buffett's radar, according to a quantitative screen by Standard & Poor's.
You know that Tim Seymour scours the globe for the hottest plays abroad. Well he’s spotted another one for you!
The Lightning Round is extended in this CNBC.com exclusive feature.
It's been, a long, pricey road: years of conflict, a four year legal battle culminating in several weeks of court testimony.
Stocks suffered their worst decline in more than a month on Wednesday after a grim ADP report coupled with a revenue warning from Intel revived concerns about the economy.
Looking back at 2008 and towards 2009, there's no question that media stocks are facing a perfect storm. It's the nasty coinciding of cyclical and sector challenges — media giants are trying to transition to a new digital future and build new revenue streams, while the economic downturn is sending ad revenue off a cliff. So is there a silver lining to those storm clouds?