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America Movil, S.A.B. de C.V. is a holding company. The Company provides telecommunications services. Its services include mobile and fixed-line voice services, wireless and fixed data services, Internet access and pay television, sales of equipment, accessories and computers, as well as other related services. Its segments are Mexico Wireless, Mexico Fixed, Brazil, Colombia, Southern Cone, Andean Region, Central America, the Caribbean, the United States and Europe. The Southern Cone segment includes Argentina, Chile, Paraguay and Uruguay. The Andean Region segment includes Ecuador and Peru. The Central America segment includes Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Panama. The Caribbean segment includes the Dominican Republic and Puerto Rico. The Europe segment includes Austria, Belarus, Bulgaria, Croatia, Macedonia, Serbia and Slovenia. It operates in all of its geographic segments under the Claro brand, except in Mexico, the United States and Europe.
Lago Zurich 245
Colonia Granada Ampliacion
Carlos Slim Domit
Chairman of the Board
Daniel Hajj Aboumrad
Chief Executive Officer, Director
Patrick Slim Domit
Vice Chairman of the Board
Carlos Jose Garcia Moreno Elizondo
Chief Financial Officer
Chief Executive Officer of Panama
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Mexican telecoms giant America Movil, controlled by the family of billionaire Carlos Slim, said on Tuesday it plans to set up a fund for the buyback of its shares worth 25 billion pesos ($1.2 billion).
Mexico's Supreme Court on Wednesday ruled in favor of the country's telecoms regulator over a label that aims to curb the dominance of Carlos Slim's telecommunications company America Movil.
Mexican telecoms company America Movil expects to spend $8 billion in capital expenditures in 2021, company executives said on Wednesday.
* America Movil spins off mobile towers into new entity (Adds analyst reaction)
Mexico's telecoms regulator on Tuesday launched a fresh bid to curb the market power of billionaire Carlos Slim's telecoms giant America Movil, unveiling measures that limit fees the company can charge customers.
Mexico's America Movil said on Tuesday that the Telecommunications Institute (IFT), a regulatory body, had adjusted actions aimed at limiting the company's power in the market, suppressing some measures but also adding new ones.
Verizon Communications Inc said on Monday it would buy wireless services provider Tracfone, a unit of Mexican telecom America Movil, in a $6.25 billion cash and stock deal. (Reporting by Ayanti Bera in Bengaluru; Editing by Vinay Dwivedi)
El Salvador's antitrust authority said on Tuesday it will allow an expanded market share for telecommunications firm Claro, a unit of Mexico's America Movil, on guarantees that it will abide by competition and consumer protection safeguards.
Telecoms Tim Participacoes , Telefonica Brasil and America Movil's Claro on Monday night raised their bid to buy Oi SA's mobile assets out of bankruptcy for 16.5 billion reais ($3.21 billion).
Mexican telecommunications giant America Movil posted a 40% jump in net profit on Tuesday because of lower costs, although it said the coronavirus pandemic took a toll on some aspects of its business.
America Movil, the Mexican telecommunications giant, reported a first-quarter net loss of 29.38 billion pesos ($1.24 billion) on Tuesday, battered by the weakening of the Mexican peso and other Latin American currencies against the dollar.
America Movil, the Mexican telecommunications giant, on Tuesday reported a first-quarter net loss of 29.38 billion pesos ($1.24 billion).
Mexican telecommunications provider America Movil said on Tuesday its board has proposed a buyback program of 6 billion pesos ($242.13 million) for the April 2020 to April 2021 period. ($1 = 24.7800 Mexican pesos) (Reporting by Daina Beth Solomon; Editing by Stefanie Eschenbacher...
Mexico's America Movil expects to spend $8.5 billion on capital expenditures in 2020, on par with last year, as the company rolls out 5G technology in Latin America, an executive said on Wednesday during a call with analysts.
America Movil, the Mexican telecommunications giant, on Tuesday reported a fourth-quarter net profit of 21.19 billion pesos ($1.12 billion), up 63% from the same period last year, helped by reduced costs and currency appreciation.
America Movil, the Mexican telecommunications giant, on Tuesday reported a fourth-quarter net profit of 21.19 billion pesos ($1.12 billion), up 63% from the same period last year.
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.
America Movil, the telecoms giant controlled by the family of Mexican bilionaire Carlos Slim, said in a regulatory filing on Monday that it had been fined 1.3 billion pesos ($69.53 million)by Mexico's telecom regulator.
The following bids, mergers, acquisitions and disposals were reported by 1100 GMT on Thursday:
Mexico's America Movil said on Wednesday it has completed its $905 million acquisition of rival Nextel in Brazil from mobile service company Nii Holdings Inc. (Reporting by Anthony Esposito Editing by Chris Reese)
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