América Móvil’s net profit (earnings) of 24.1 billion pesos (US$ 2.1 billion) increased 14.1% in the second quarter of 2011, compared to the same period year earlier. Earnings were equivalent to 61 peso cents per share and US$ 1.04 per ADR. At the end...
A number of emerging nations are highlighted in analyst Chetan Sharma's telecommunications predictions, released earlier this month. Brazil takes fifth place in total number of subscribers, while Mexico takes the 10th spot. China leads in the number of subscribers, but the U.S. dominates in...
WSJ | June 7, 2011 | Anthony Harrup
MEXICO CITY (Dow Jones)--Citigroup unit Banamex said the selloff this year in shares of Mexican telecommunications giant America Movil SAB (AMX, AMX.MX), which faces increasing regulatory pressure and stepped up competition, has been overdone and represents a good...
WSJ | June 7, 2011 | Anthony Harrup
MEXICO CITY (Dow Jones)--Citigroup unit Banamex said the selloff this year in shares of Mexican telecommunications giant America Movil SAB (AMX, AMX.MX), which faces increasing regulatory pressure and stepped up competition, has been overdone and represents a good...
Bloomberg | May 24, 2011 | Crayton Harrison
An escalating confrontation between Carlos Slim and two fellow billionaires is driving prices lower for phone, Internet and TV services inMexico, a boon for consumers that could boost the nation’s economy.
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Inside Costa Rica | May 16, 2011
The contracts are now signed and by the end of the year and for the first time in Costa Rica there will be a choice of cellular carrier. In December, Costa Ricans will be able to choose their...
Inside Costa Rica | May 16, 2011
The contracts are now signed and by the end of the year and for the first time in Costa Rica there will be a choice of cellular carrier. In December, Costa Ricans will be able to choose their...
MarketWatch | May 4, 2011 | Carla Mozee
LOS ANGELES (MarketWatch) — Mexican stocks dropped Wednesday, with shares of market heavyweight America Movil SAB extending losses and ending at an eight-month low following a court ruling about telecom industry fees.
Mexico’s IPC equity index XX:IPC -0.95% fell 1%...
Latin American-based telecommunications provider America Movil S.A.B. de C.V. (AMX) said it added six million wireless customers during the first quarter of this year, ending the period with 231 million total customers across its numerous wireless operations.
America Movil has wireless operations in Mexico (Telcel),...
Latin American-based telecommunications provider America Movil S.A.B. de C.V. (AMX) said it added six million wireless customers during the first quarter of this year, ending the period with 231 million total customers across its numerous wireless operations.America Movil has wireless operations in Mexico (Telcel),...
America Movil | April 27, 2011 | Press Release
Mexico City, Mexico, April 27, 2011 -- América Móvil, S.A.B. de C.V. (“AMX”) (BMV: AMX; NYSE: AMX; Nasdaq: AMOV; LATIBEX: XAMXL), announced today that its General Ordinary Shareholders’ Meeting, resolved, among other things, to elect and ratify the members...
Bloomberg | April 26, 2011 | Crayton Harrison
America Movil SAB, the largest mobile-phone carrier in the Americas, said the record $1 billion fine assessed by Mexico’s antitrust agency this month is based on erroneous conclusions about the industry.
The company will appeal the ruling by...
In the highest ranking of businesses on the Forbes report of the top 2,000 publicly traded companies worldwide, Dallas-based AT&T Corp. (T) landed at No. 14 and Round Rock-based Dell Inc. (DELL) cruised in at No. 182.
AT&T reported sales of $124.3 billion, profits of...
In the highest ranking of businesses on the Forbes report of the top 2,000 publicly traded companies worldwide, Dallas-based AT&T Corp. (T) landed at No. 14 and Round Rock-based Dell Inc. (DELL) cruised in at No. 182.
AT&T reported sales of $124.3 billion, profits of...
Bloomberg | April 8, 2011 | Video
April 12 (Bloomberg) -- Emilio Azcarraga, chairman and chief executive officer of Grupo Televisa SA, talks about the company's purchase of a 50 percent stake in Grupo Iusacell SA and its ability to compete against billionaire Carlos Slim's...
Bloomberg | April 8, 2011 | Video
April 12 (Bloomberg) -- Emilio Azcarraga, chairman and chief executive officer of Grupo Televisa SA, talks about the company's purchase of a 50 percent stake in Grupo Iusacell SA and its ability to compete against billionaire Carlos Slim's...
Motricity announced it has completed its acquisition of Adenyo, a mobile advertising, marketing, and analytics solutions provider with operations in the United States, Canada and Europe. Motricity’s integration of Adenyo’s capabilities into its software as a service platform, mCore, significantly expands the company’s solution...
America Movil | April 19, 2011 | Press Release
Mexico City, México, April 19, 2011. América Móvil, S.A.B. DE C.V. (“AMX”) (BMV: AMX; NYSE: AMX; Nasdaq: AMOV; LATIBEX: XAMXL), announced today that it has entered into a stock purchase agreement with GE Satellite Holdings LLC and its affiliates...
America Movil | April 15, 2011 | Press Release
Mexico City, Mexico, April 15, 2011 -- América Móvil, S.A.B. de C.V. (“AMX”) (BMV: AMX; NYSE: AMX; Nasdaq: AMOV; LATIBEX: XAMXL), announced today that its subsidiary Radiomóvil Dipsa, S.A. de C.V. (“Telcel”), was notified of a resolution issued by...
Reuters | April 7, 2011 | Andre Grenon
(Reuters) - Telmex, the telecommunications giant controlled by Mexican billionaire Carlos Slim, said it won a contract to provide the platform for wireless carrier Nextel's mobile broadband services.
Telmex, which controls 80 percent of Mexico's fixed phone lines,...
Reuters | April 4, 2011 | Cyntia Barrera Diaz
(Reuters) - America Movil expects to double its pay television customers in Latin America to 22 million by the end of 2013, according to projections from a company source with direct knowledge of the growth outlook.
The source...
April 7 2011 - 1:52 pm ET | Dan Meyer | RCR Wireless News
Mexican media conglomerate Televisa S.A. (TV) moved forward with a $1.6 billion investment into wireless operator Group Iusacell S.A. de C.V. that will allow Televisa to add mobile services to its...
April 7 2011 - 1:52 pm ET | Dan Meyer | RCR Wireless News
Mexican media conglomerate Televisa S.A. (TV) moved forward with a $1.6 billion investment into wireless operator Group Iusacell S.A. de C.V. that will allow Televisa to add mobile services to its...
Mexican media conglomerate Televisa S.A. (TV) moved forward with a $1.6 billion investment into wireless operator Group Iusacell S.A. de C.V. that will allow Televisa to add mobile services to its portfolio and become a major player in the country’s telecom space.The investment will...
