America Movil shares sink after Q3 profit falls sharply

Reuters

MEXICO CITY, Oct 25 (Reuters) - Shares in America Movil, Latin America's biggest phone company, fell more than4 percent at the Friday open, a day after posting a sharp fallin third quarter profit.

America Movil reported on Thursday its quarterly profit fellby almost half, missing analysts' expectations, as customersmade fewer phone calls and the company's financing costs soared.

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