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America Movil turns in hefty Q4 loss

2017-02-03 01:00:00| Total Telecom industry news

America Movil posted a net loss equivalent to hundreds of millions of euros in the last three months of 2016, its balance sheet hit by financing costs and the impact of a weak Mexican peso. The Mexico-based telecoms group said its net loss in the fourth quarter reached MXN5.97 billion (&euro…read more on TotalTele.com »

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