|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's Range||0.7320 - 0.7320|
|52 Week Range||0.6477 - 0.8700|
|Beta (3Y Monthly)||0.32|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.02 (2.52%)|
|1y Target Est||N/A|
Mexican billionaire Carlos Slim said on Thursday that Mexico's government is being very careful with the budget, saying the budget was "reasonable", and said the country needs a lot of private ...
El Salvador's competition authority has rejected Mexican telecoms firm America Movil's bid to acquire a local unit of Telefonica, but the company controlled by the family of billionaire Carlos Slim vowed to try again. In January, Spain's Telefonica reached a deal to sell operations in Guatemala and El Salvador to America Movil. In a statement on Tuesday, the Superintendence of Competition (SC) said the bid by America Movil, which is controlled by the Slim family, was "inadmissible" and that the company had been informed of the decision dated April 29.
El Salvador's competition authority on Tuesday said it had rejected a bid by Mexican telecoms company America Movil to acquire the local unit of Spanish rival Telefonica, arguing the planned takeover did ...
Mexican President Andres Manuel Lopez Obrador said on Saturday the government would bring internet to remote areas of the country and that current concession holders should "stand aside" if they cannot do the job. In a campaign-style speech to hundreds of supporters in El Nayar, a municipality in the western state of Nayarit, the veteran leftist said companies were not bringing internet to the remotest areas because they were only interested in profits. Lopez Obrador, who has pledged to ensure the whole country has internet, did not elaborate further, and a spokesman for the presidency could not immediately be reached for comment.
Mexico's telecommunications regulator has opened an anti-trust probe into "relative monopolistic practices" in the sector, the government said in its official gazette on Monday. The Federal Telecommunications Institute (IFT) probe centers on denial of access, and discriminatory access to an "essential input" in the market for "wholesale disaggregated services of the predominant economic agent's local network in the telecommunications sector," the government said. "The aim of the procedure is to investigate the commission of relative monopolistic practices that have or may have as their object or effect, to unduly displace other economic actors, substantially impede their access, or to establish exclusive advantages in favor of one or more economic agents in the relevant market, or in a related market," it added.
America Movil, the telecommunications giant of Mexican billionaire Carlos Slim, reported a first-quarter net profit of 19.44 billion pesos on Monday, up 3.6 percent from the year-ago period and slightly ...
America Movil, the telecommunications giant of Mexican billionaire Carlos Slim, reported a first-quarter net profit of 19.44 billion pesos on Monday, up 3.6 percent from the year-ago period and exceeding ...
A1 Telekom Austria reported a 1.9 percent increase in its first-quarter core profit on Monday, thanks to higher income from its fixed-line services, entertainment offers and mobile WiFi routers. Earnings before interest, tax, depreciation and amortisation (EBITDA), adjusted for restructuring costs, came in at 395 million euros (341.5 million pounds) after 388 million euros in the same period in the previous year. The group, which is controlled by Mexico's America Movil and the Austrian state, said in its home market Austria, EBITDA fell 11.4 percent, largely due to planned provisions of 21 million euros for social plans for staff who have worked at the company since it was fully state owned.
America Movil, the Mexican telecoms company controlled by the family of tycoon Carlos Slim, said on Tuesday its shareholders had approved a share buyback plan worth 3 billion pesos for the period April ...
Mexican President Andres Manuel Lopez Obrador said on Tuesday that billionaire Carlos Slim, the country's richest man, has told him he aims to retire during his administration, and has committed to helping the economy in the process. "He wants to end his business life helping economic growth and public welfare during this government," Lopez Obrador told a regular morning news conference. Arturo Elias, a spokesman and son-in-law of the 79-year-old Slim, later issued a brief statement on Twitter.
Mexican President Andres Manuel Lopez Obrador said on Tuesday Carlos Slim had told him the billionaire planned to retire during his administration, in a step at odds with the tycoon's usually discreet approach to public life. Slim, who for a time was listed by Forbes as the world's richest man, did not confirm the president's unexpected announcement, but said through a spokesman that hard work lay ahead for the two of them over the next six years. Slim was the first question of the day during Lopez Obrador's regular morning news conference, as a reporter asked if he had met the tycoon and what he thought about his plans.
Telefonica TEF is the incumbent telephone operator in Spain and, along with America Movil AMOV / AMX , it is one of two dominant operators in Latin America. Thanks to its acquisition of E-Plus in Germany, it is the largest wireless operator by number of subscribers in the country. It is also the second-largest wireless operator in the United Kingdom.
Shares in America Movil rose more than 3.5 percent in early trade on Tuesday after the Mexican telecoms firm said on Monday it would acquire 100 percent of rival Nextel's Brazil operation, strengthening ...
Mexico's America Movil, which controls telecom operator Claro in Brazil, said on Monday that it will acquire 100 percent of rival Nextel's Brazil operation, allowing for consolidation in the country's already crowded sector. Claro will pay 905 million dollars for the company, which is controlled by mobile service company Nii Holdings Inc. The company had been on sale for months, as Reuters reported in June that Nii Holdings had hired new banks as it sought a buyer.