Carlos Slims America Movil said on Monday it will take control of just over half of Telekom Austria in a $1 billion buyout offer, giving the Mexican billionaire a base to build up his presence in European telecoms. America Movil, which already owns around 27 percent of the company, said it would acquire an additional […]

Mexican telecoms company America Movil plans to divest assets as quickly as possible to escape tougher regulation, and it hopes to sell to a single buyer, spokesman Arturo Elias said on Wednesday. The company controlled by billionaire Carlos Slim announced on Tuesday that it was ready to sell assets to cut its market share in […]