14.16 +0.21 (1.51%)
Pre-Market: 8:17AM EDT
|Bid||14.02 x 3200|
|Ask||16.05 x 1300|
|Day's Range||13.81 - 14.34|
|52 Week Range||10.12 - 18.04|
|Beta (5Y Monthly)||0.41|
|PE Ratio (TTM)||34.88|
|Forward Dividend & Yield||0.36 (2.57%)|
|Ex-Dividend Date||Nov 07, 2019|
|1y Target Est||16.14|
Mexican broadcaster giant, Televisa, deploys MVNO offerings in a bid to promote healthy competition in the Mexican telco market, which has long been dominated by Latin tech giant, America Movil (AMX).
Mexican broadcaster Televisa said on Sunday it will start offering mobile phone service, a bid to challenge billionaire Carlos Slim's America Movil, which has long dominated the country's telecommunications market. Rather than building infrastructure, Televisa will operate as a mobile virtual network operator, or MVNO, and begin by offering service to existing customers of its cable and home internet packages, sold under its Izzi brand. Televisa originally planned to roll out the service in September, Izzi Chief Executive Salvi Folch said in an interview.
Moody's Investors Service, ("Moody's") today assigned an A3 rating to America Movil, S.A.B. de C.V.'s ("America Movil") new USD1.0 billion senior unsecured notes due 2030. The notes will rank equally in right of payment with all other unsecured and unsubordinated debt obligations of America Movil.
América Móvil, S.A.B. de C.V. ("AMX") [BMV: AMX] [NYSE: AMX] [NYSE: AMOV], announced today that it has filed its annual report on Form 20-F for the fiscal year ended December 31, 2019 (the "2019 Annual Report"), with the U.S. Securities and Exchange Commission ("SEC"), and a translation into Spanish of the 2019 Annual Report (the "Informe Anual CNBV"), with the Mexican Banking and Securities Commission (Comisión Nacional Bancaria y de Valores, "CNBV"), and the Mexican Stock Exchange (Bolsa Mexicana de Valores, S.A.B. de C.V., "BMV").
Rating Action: Moody's changes the outlook to negative on some Mexican companies, affirms global and national scale ratings. Global Credit Research- 20 Apr 2020. Mexico, April 20, 2020-- Moody's de Mexico ...
New York, April 20, 2020 -- Moody's Investors Service, ("Moody's") has changed the outlook to negative from stable and affirmed the ratings on some non-financial companies operating in Mexico. The rating actions follow the downgrade of the Government of Mexico's ratings to Baa1 from A3 and the maintenance of a negative outlook, on 17 April 2020. For more information, please see "Moody's downgrades Mexico's ratings to Baa1; maintains negative outlook" available at https://www.moodys.com/research/Moodys-downgrades-Mexicos-ratings-to-Baa1-maintains-negative-outlook--PR_422013.
The trust, which administers the assets of the Gates’ foundation, disclosed that it now owns 5% of the closed-end fund, which focuses on Mexico Stock Exchange listings. The Mexico Fund has tumbled this year amid the market disruption cased by the coronavirus pandemic.
Coronavirus is probably the 1 concern in investors' minds right now. It should be. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW. We predicted that a US recession is imminent and US stocks will go down by at least 20% in the next 3-6 […]
Learn about the top ten telecommunications companies in the world and information about each company’s customer base, market share, and services.
America Movil, Mexico's largest telecommunications provider, shed light on its plans to roll out 5G technology in Latin America on Wednesday as the company's shares surged on a strong earnings report. America Movil shares rose as much as 6% to 16.72 pesos, the highest since July 2018. For 2020, America Movil will focus on rolling out 5G technology in Latin America, Chief Executive Daniel Hajj said on a call with analysts.
America Movil (AMX) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
NortonLifeLock's (NLOK) Q3 results are likely to reflect growth in bookings. However, higher stranded costs are likely to have kept margins under pressure.
Iridium (IRDM) teams up with Amazon Web Services to deploy its much-acclaimed satellite cloud-based solution, CloudConnect, to enhance the terrestrial coverage of IoT applications among users.
Ribbon Communications (RBBN) unveils Microsoft-certified Next Generation Intelligent Edge portfolio to deliver reliable and secured cloud-based voice and data applications to enterprise customers.
In order to promote healthy competition in the telco market, the Mexican telecom regulator penalizes America Movil (AMX) for anti-competitive practices.
America Movil, the telecoms giant controlled by the family of Mexican billionaire Carlos Slim, said on Monday that one of its subsidiaries had been fined 1.3 billion pesos ($69.53 million) by Mexico's telecoms regulator. The regulator, the Federal Telecommunications Institute (IFT), said in a statement that it fined the company for failing to share information about the availability of its telecom infrastructure, such as posts, with competitors. America Movil, which has long dominated Mexico's telecoms market, is required to open its infrastructure to industry rivals in order to promote competition.
Motorola (MSI) revamps the communication infrastructure of U.S. critical entities with the introduction of 900 MHz broadband spectrum with seamless voice and data connectivity.
Comtech's (CMTL) Commercial Solutions segment secures a contract for supplying next-gen satellite communications modems and firmware upgrades to the U.S. Navy.
The cloud-based DRaaS system by Motorola (MSI) is likely to offer all-permissive fully functional connectivity to the city residents to enable emergency communication services during disasters.
The search engine is likely to offer Verizon (VZ) an edge over its rivals with greater trust and transparency for unhindered web surfing while safeguarding privacy.