February 13, 2018 / 10:28 PM / 7 months ago

Mexico's America Movil reports steep fourth-quarter loss

MEXICO CITY, Feb 13 (Reuters) - America Movil, Mexico's largest wireless carrier, reported a net loss of 11.295 billion pesos ($575 million) for the fourth quarter on Tuesday.

The telecommunications company, which is controlled by the family of Mexican billionaire Carlos Slim, registered a net loss of 5.972 billion pesos in the same quarter a year earlier. (Reporting by Mexico City Newsroom)

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