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Posts Tagged ‘America Movil’

By Tomas Sarmiento and Christine Murray MEXICO CITY (Reuters) – Mexicos telecommunications watchdog on Friday slapped regulations on Carlos Slims telephone company America Movil and two of his financial and industrial companies, as it seeks to rein in the multi-billionaire and boost competition. Mexico is trying to open up its phone and TV industries following […]

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By Alexandra Alper and Tomas Sarmiento MEXICO CITY (Reuters) – Mexicos telecoms regulator on Friday declared two of billionaire Carlos Slims major financial and industrial companies dominant in telecommunications, but has yet to slap the tag on Slims flagship telecom company. It is widely expected that Slims telecom company America Movil will be declared dominant, […]

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Mexican billionaire Carlos Slim, who already controls America Movil, tightened his grip slightly on Latin Americas biggest phone company, according to a U.S. regulatory filing on Thursday that shows two companies controlled by Slim bought more shares. The purchases, made in November and December last year, come on top of a massive buyback effort by […]

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