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Telecom Carlos Slim

  • MEXICO CITY, Nov 15- Mexico shot down a proposal by the United States to include provisions in the North America Free Trade Agreement that would benefit AT&T Inc, Mexico's Economy Minister Ildefonso Guajardo said on Wednesday. During the last round of talks in Virginia, the United States proposed incorporating Mexico's landmark telecommunications reform...

  • Saudi Prince Alwaleed bin Talal.

    The Saudis' corruption crackdown opened up a chasm under the tech industry’s justification for taking money from the religious monarchy, NYT reports.

  • MEXICO CITY, Oct 24- Mexican billionaire Carlos Slim's America Movil on Tuesday reported a net loss of 9.55 billion pesos for the third quarter, with its results dragged down by a costly Colombian arbitration panel ruling. The Colombian panel said America Movil and Spain's Telefonica failed to return installed telecommunication networks and...

  • VIENNA, Oct 24- Telekom Austria, part of Mexican tycoon Carlos Slim's America Movil, increased its full-year revenue forecast thanks to higher income from fixed-line customers and a smaller than expected hit from new EU roaming rules. The group said on Tuesday it now expects full-year revenue to rise by around three percent from last year's 4.21 billion euros...

  • MEXICO CITY, Oct 24- Mexico's telecommunications regulator is discussing a proposal that would allow billionaire Carlos Slim's America Movil to start charging local rivals again for calls made to clients on its network, according to a document seen by Reuters. Rivals such as AT&T and Telefonica have been anxiously awaiting new rates since the Supreme Court...

  • MEXICO CITY, Oct 5- Mexico's telecommunications regulator IFT on Thursday asked billionaire Carlos Slim's company America Movil to modify a proposal to separate out its fixed-line services, the regulator said in a statement.

  • FAJARDO, Puerto Rico, Oct 2- Puerto Ricans exasperated by the patchy U.S. relief response to their hurricane-blasted island are turning to a Mexican billionaire's mobile phone network they say has been faster to restore service. Claro Puerto Rico, a subsidiary of America Movil owned by Carlos Slim, has stepped up to a challenge in the wake of Hurricane Maria that...

  • FAJARDO, Puerto Rico, Oct 2- Puerto Ricans exasperated by the patchy U.S. relief response to their hurricane-blasted island are turning to a Mexican billionaire's mobile phone network they say has been faster to restore service. Claro Puerto Rico, a subsidiary of America Movil owned by Carlos Slim, has stepped up to a challenge in the wake of Hurricane Maria that...

  • FAJARDO, Puerto Rico, Oct 2- Puerto Ricans exasperated by the patchy U.S. relief response to their hurricane-blasted island are turning to a Mexican billionaire's mobile phone network they say has been faster to restore service. Claro Puerto Rico, a subsidiary of America Movil owned by Carlos Slim, has stepped up to a challenge in the wake of Hurricane Maria that...

  • Priscilla Chan and Mark Zuckerberg

    The stock market was generous to Mark Zuckerberg this summer -- as was life in general

  • MEXICO CITY, Aug 29- Mexican billionaire Carlos Slim's America Movil said on Tuesday that it had complied with a Colombian arbitration ruling ordering it to pay the government $1.08 billion for wireless telecommunication assets used in the South American nation. However, America Movil's Colombian unit, Comunicacion Celular, continues to challenge the...

  • Mexico's top court ruled unanimously on Wednesday that America Movil, Slim's telecommunications juggernaut, should not be barred by law from charging its competitors interconnection fees. The decision weakened a key pillar of a 2014 sector reform designed to curb the dominance of America Movil, which was created from a state monopoly and still holds about...

  • MEXICO CITY, Aug 16- Mexico's Supreme Court on Wednesday ruled billionaire Carlos Slim's telecommunications company America Movil should not be barred by law from charging competitors certain fees, prompting fears of a rollback of a sweeping antitrust reform. The 2014 telecom industry reform, one of Mexican President Enrique Pena Nieto's signature...

  • MEXICO CITY, Aug 16- Mexico's Supreme Court on Wednesday ruled billionaire Carlos Slim's telecommunications company America Movil should not be barred by law from charging competitors certain fees, prompting fears of a rollback of a sweeping antitrust reform. The 2014 telecom industry reform, one of Mexican President Enrique Pena Nieto's signature...

  • MEXICO CITY, Aug 16- Mexico's Supreme Court on Wednesday ruled billionaire Carlos Slim's telecommunications company America Movil should not be barred by law from charging competitors certain fees, prompting fears of a rollback of a sweeping antitrust reform. The 2014 telecom industry reform, one of Mexican President Enrique Pena Nieto's signature...

  • MEXICO CITY, Aug 16- The Mexican Supreme Court on Wednesday found unanimously that billionaire Carlos Slim's telecommunications company America Movil should not be barred by law from charging its rivals interconnection fees, a setback to a sweeping reform intended to curb the firm's dominance. The 2014 telecom industry reform, one of Mexican President...

  • MEXICO CITY, Aug 16- The Mexican Supreme Court on Wednesday found unanimously that billionaire Carlos Slim's telecommunications company America Movil should not be barred by law from charging its rivals interconnection fees, a setback to a sweeping reform intended to curb the firm's dominance. The 2014 telecom industry reform, one of Mexican President...

  • MEXICO CITY, Aug 16- The Mexican Supreme Court on Wednesday unanimously found billionaire Carlos Slim's telecom firm America Movil SAB de CV should not be barred by law from charging its rivals interconnection fees, in a setback to a reform intended to curb the firm's dominance. The 2014 industry reform, one of Mexican President Enrique Pena Nieto's signature...

  • MEXICO CITY, Aug 3- Many Mexican companies, from dominant telecom provider America Movil to bottler Femsa, cut debts in the second quarter, helped by a stronger peso, although they are unlikely to rush to return money to investors or increase investment. America Movil, for example, shrank its net debt from 629.7 billion pesos in December to 550.8 billion pesos in...

  • MEXICO CITY, Aug 2- Mexican mogul Carlos Slim sold off a small portion of his 17 percent stake in the New York Times Co last week, capitalizing on the stock's considerable rally this year. Slim sold 521,500 shares of the stock on July 28, yielding about $10 million, according to a filing with the U.S. Securities and Exchange Commission. The cornerstone of his empire is...