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Tag: america movil
America Movil to slim down
2014-07-09 02:00:00| Total Telecom industry news
Mexican telco giant to shed assets, share base stations and passive infrastructure in bid to reduce market share to below 50%.
Tags: america
slim
movil
america movil
America Movil to buy back AT&T stake
2014-06-30 08:43:00| Telecompaper Headlines
(Telecompaper) America Movil said it has agreed to buy back AT&T's 8.27 percent stake in the company. Its shareholders Inmobiliaria Carso and Control Empresarial de Capitales will buy the shares from AT&T International for USD 5.57 billion. AT&T said it expects to realise a profit of 8-10 cents a share from the sale, depending on the final tax on the sale. AT&T said earlier it would exit the investment in order to secure regulatory approval for its proposed takeover of DirecTV. Americal Movil competes against DirecTV in several markets in Latin America. AT&T has partnered with AMX for over 20 years.
AT&T sells America Movil stake for $5.57bn
2014-06-30 02:00:00| Total Telecom industry news
U.S. telco offloads whole stake in Mexican firm in a bid to smooth way for DirecTV takeover; America Movil says Telekom Austria share offer now mandatory.
Slim's real estate arm to buy AT&T's America Movil stake
2014-06-28 01:21:32| Telecom - Topix.net
Carlos Slim's real estate firm, Inmobiliaria Carso, will buy AT&T Inc's equity stake in America Movil, tightening the Mexican tycoon's control of his flagship telecommunications firm, according to a filing with Mexico's stock exchange on Friday.
America Movil weighs options after dominance ruling
2014-06-26 02:00:00| Total Telecom industry news
Mexican telco giant forms committee to assess impact of proposed regulations.
Tags: options
america
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dominance
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