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America Movil says not in talks over T-Mobile US

2014-10-25 13:18:06| Telecom - Topix.net

America Movil is not talking to anybody at this stage about a possible purchase of T-Mobile US, Chief Executive Daniel Hajj told a conference call on Friday. Germany's Monthly Manager Magazin on Thursday said America Movil was a possible buyer of the company, citing people familiar with Deutsche Telekom.

Tags: us america talks movil

 

Is America prepared for Ebola or is the threat overhyped? RedBlue America

2014-10-25 10:17:39| Biotech - Topix.net

So far, the Ebola virus that has killed more than 9,000 people in West Africa has only sickened two nurses and now a doctor in the United States. But that hasn't stopped Republican and Democratic lawmakers from squabbling over everything from sealing the borders to providing more funding for the National Institutes of Health.

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Truck maker Volvo sees Q3 profits up slightly as it forecasts growth in North America, India

2014-10-25 09:32:02| Automakers - Topix.net

Swedish truck maker AB Volvo says net profit in the third quarter rose slightly to 1.6 billion kronor in a mixed economic environment. The Goteborg-based company said Friday the figure for July-September was up from 1.4 billion kronor in the same period last year.

Tags: north america growth india

 

Bank of America Fixes Apple Pay Glitch

2014-10-24 22:02:13| PC Magazine Software Product Guide

BoA said the double-pay issue was fixed overnight, and any impacted customers refunded.

Tags: pay america bank apple

 

America Movil profits fall in Q3

2014-10-24 08:04:00| Telecompaper Headlines

(Telecompaper) America Movil reported third-quarter net profit down 39.3 percent to MXN 10.12 billion, hurt by a rise in tax and forex losses as well as weak results at its European associates, Telekom Austria and KPN. Pro forma for the acquisition of a controlling stake in Telekom Austria in July, the company's quarterly revenues were up 4.0 percent to MXN 220.88 billion. Service revenues rose 3.8 percent to MXN 198.64 billion, and hardware revenues were up 6.2 percent to MXN 22.24 billion. America Movil said growth was led by mobile data and pay-TV services, which each grew revenues around 15 percent. The operator's EBITDA was up just 0.4 percent to MXN 69.19 billion, hurt by negative currency effects, and EBIT fell 5.5 percent to MXN 37.64 billion due to higher depreciation and amortisation after investments. America Movil said it spent MXN 82.0 billion on capital equipment and MXN 34 billion on shareholder distributions in the quarter, all financed from cash flow. Net debt was also reduced by MXN 30.7 billion to MXN 490.6 billion at the end of September, equal to 1.63 times annual EBITDA. 

Tags: america fall profits q3

 

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