America Movil third-quarter profit nearly halves

Reuters

MEXICO CITY, Oct 24 (Reuters) - Latin America's biggestphone company America Movil on Thursday said its third-quarterprofit almost halved.

The company, controlled by billionaire businessman CarlosSlim, said profit in the July-September period fell 46 percentto 16.384 billion pesos ($1.25 billion) compared to 30.45billion pesos in the same period a year earlier.

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