|Bid||18.99 x 1200|
|Ask||19.00 x 2300|
|Day's Range||18.72 - 19.50|
|52 Week Range||11.02 - 19.50|
|PE Ratio (TTM)||24.27|
|Forward Dividend & Yield||0.33 (1.86%)|
|1y Target Est||N/A|
Mexico is the largest economy in the Latin American region with a growing middle class population that is eager to spend more on high-speed wireless networks for optimal use of smartphones and tablets.
A major characteristic of the telecommunications industry is that it is immune to international geo-political disturbances even when these lead to economic fluctuations.
MEXICO CITY (Reuters) - 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 ...
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....
Comcast Corp. (CMCSA) and America Movil SAB (AMX) submit joint bids to the Mexican Football Federation for rights to telecast the men's and women's Mexico national team over the next two World Cup cycles.
BlackBerry (BBRY) focuses solely on software business. The company's deal with Tokyo Electron Device is in line with its growth objectives.
BlackBerry (BBRY) rides high on robust software sales in second-quarter fiscal 2018. The company expects further growth in this segment in fiscal 2018.
The bid for the U.S. market includes rights across all media platforms, while the other bid includes global digital media rights, excluding the U.S. "We look forward to leveraging the extensive expertise of NBCUniversal and Telemundo Deportes to bring the Mexico National team to a level never seen before in the U.S. Hispanic market," said Marcos Santana, president of Telemundo International.
No significant developments took place in the telecom industry last week despite its major stocks gaining value. However, a few events attracted attention.
Although most major telecom stocks lost value in the last week, the sector witnessed a number of important events.
America Movil's (AMX) efforts to enrich its wireless spectrum portfolio, along with recent approval to enter into the pay-TV market of Argentina are expected to bode well for the company.
America Movil SAB (AMX) faces intense competition in Mexico. The company's expansion bid in Argentina and other key global markets is stoked by the increasing contest with rival players at home.
Phone services will not be interrupted if workers go on strike next week, says a spokesperson for Mexican telecom tycoon Carlos Slim Helú.
Windstream's (WIN) efforts to meet the growing demand for highly secure, reliable and dedicated access to cloud resources bode well for the company's growth.
Telefonica, the Spanish telecoms giant which has long struggled to gain traction in Mexico, is appealing to Mexican officials for a discount on spectrum payments coming due next year, three people with knowledge of the matter said. Telefonica SA, the No. 2 player in Mexico by mobile market share, must soon pay to renew roughly a third of its spectrum licenses, which are set to expire after 20 years and could cost the company tens of millions of dollars. The company has been lobbying Mexico's Finance Ministry and telecommunications regulator for a break on the licenses, warning that the payment could threaten its place in the market, the people said.
Qualcomm (QCOM) introduces the C-V2X chipset to improve road safety as well as enhance autonomous driving and connected services, consequently elevating people's daily lives.
The OECD report stated that the reforms have transform Mexico into one of the lowest telecom price countries from one of the highest.
As Carlos Slim’s America Movil begins to loosen its grip on Mexico’s telecom sector, the company could be the key to more competition in television, another highly saturated Mexican industry, a report released on Thursday said. The Organization for Economic Co-operation and Development hailed the results of Mexico’s 2014 telecom reform, which sought to shake up a sector long dominated by Slim and was in part based on a 2012 study by the Paris-based group.
America Movil SAB and Grupo Televisa SAB should face more regulatory restrictions to help Mexico’s telecommunications market continue to blossom, according to the Organization for Economic Co-Operation ...
Telecom behemoth Verizon Communications Inc. (VZ) enhances cloud cybersecurity for its enterprise customers, Comcast Corp. (CMCSA) inks a 40-month deal with Sunrun Inc. (RUN).
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. "COMCEL will exhaust every national and international available legal action to challenge the arbitral award," the company said.
Categories: Yahoo FinanceGet free summary analysis Our analysis is based on comparing America Movil SAB de CV with the following peers – TIM Participacoes S.A. Sponsored ADR, Telefonica SA Sponsored ADR, Millicom International Cellular S.A., AT&T Inc., Telefonica Brasil S.A. Sponsored ADR Pfd, Maxcom Telecomunicaciones SA de CV Sponsored ADR, DISH Network Corporation Class A and Telecom ... Read more (Read more...)