By Christine Murray MEXICO CITY (Reuters) – Billionaire Carlos Slims America Movil said on Tuesday its board voted to divest assets to cut its Mexico telecommunications market share below 50 percent and avoid tough new regulations designed to curb his long-held dominance of the sector. The company, which controls about 70 percent of Mexicos mobile […]
Billionaire Carlos Slims America Movil said on Tuesday its board voted to sell off assets to cut its Mexico telecommunications market share below 50 percent in order to avoid tough new regulations designed to curb its long-held dominance of the sector. America Movil, which runs mobile, Internet and fixed-line businesses, said in a statement that […]
Carlos Slim’s America Movil said on Wednesday it had created a committee to evaluate options in response to an overhaul of Mexico’s telecommunications sector which aims to curb its dominance. Eight members, including America Movil CEO Daniel Hajj, and Telmex CEO Hector Slim, will make up the committee, a spokeswoman for the telecoms giant said. […]
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