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El Salvador imposes strict conditions on America Movil's request to buy Telefonica assets

2020-08-19 10:01:00| Telecompaper Headlines

(Telecompaper) El Salvador's antitrust regulator Superintendencia de Competencia has provisionally approved America Movil's request to acquire Telefonica's operations in El Salvador on acceptance of a series of anti-trust conditions. In a statement, the watchdog cautioned that Claro El Salvador's increased market share could give rise to "limits on competition" and the operator must therefore rule out the future use of spectrum currently used by Telefonica's Movistar unit in the country. The portions include 25 MHz with national coverage in the 850 MHz band and a further 30 MHz in the 1900 MHz band.

Tags: conditions buy request america

 

America Movil's KPN sale could come soon

2017-11-20 01:00:00| Total Telecom industry news

America Movil could be close to selling its stake in KPN, according to comments made its finance chief late last week. Parties interested in acquiring the Mexican company's 21…read more on TotalTele.com »

Tags: sale america soon kpn

 
 

America Movil's planned KPN sale resurfaces

2016-04-21 02:00:00| Total Telecom industry news

Sources say holding in Dutch incumbent could be attractive to other telcos, including France's Orange.

Tags: sale america planned kpn

 

America Movil's Q1 profits down 42.1% y-o-y

2015-04-24 17:07:00| Telecompaper Headlines

(Telecompaper) America Móvil posted a net profit of MXN 8.2 billion in the first quarter of the year, down 42.1 percent compared to the year-ago period. The operator also generated revenues of MXN 220 billion in the period, climbing 3.1 percent versus the first quarter of 2013. Service revenues grew 0.6 percent to MXN 193.7 billion, and hardware revenues were up 26.3 percent to MXN 26.28 billion. America Movil said growth was led by mobile data and pay-TV services. The operator's EBITDA was down 2.1 percent to MXN 68.2 billion. The EBITDA margin stood at 31 percent of revenues. America Movil said it spent MXN 29.0 billion on capital equipment and MXN 11.4 billion on shareholder distributions in the first quarter.

Tags: america profits yoy movils

 

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