Wall Street Journal | March 10, 2011 | Jose De Cordoba
MEXICO CITY–Three powerful billionaires, lambasting one another as "monopolists" and "duopolists," filed complaints against each other Wednesday, ratcheting up a battle over Mexico's $35 billion telecommunication and broadcast markets.
First, a coalition of 25 cable,...
Wall Street Journal | March 9, 2011 | Anthony Harrup
MEXICO CITY—Mexico's largest phone company Telefonos de Mexico SAB said it plans to split into two companies, one of which will serve rural and marginalized areas where competitors haven't invested.
The decision by the company controlled by...
Wall Street Journal | March 9, 2011 | Anthony Harrup
MEXICO CITY—Mexico's largest phone company Telefonos de Mexico SAB said it plans to split into two companies, one of which will serve rural and marginalized areas where competitors haven't invested.
The decision by the company controlled by...
Bloomberg | March 4, 2011 |Â Laura Price
Brazil Says Raising Rate to 11.75% Part of ‘Adjustment Process’
Brazil’s central bank signaled it will raise the benchmark interest rate for a third straight meeting next month, after pushing borrowing costs yesterday to a two-year high to cool...
Wall Street Journal | March 4, 2011 | JOSÉ DE CORDOBA
MEXICO CITY—Three of Mexico's most prominent billionaires—who were once a cozy group of amigos protecting each other's backs—are now battling over how to divvy up the country's $35-billion-a-year telecommunication and TV-broadcast market.
The fight pits Carlos Slim,...
Fox News | March 3, 2011
More than 20 telephone operators have banded together to ask the Mexican government to regulate the interconnection fees charged by billionaire Carlos Slim's Telcel, the companies said.
"In an unprecedented move, our country's telecommunications operators ... have joined together with...
Fox News | March 3, 2011
More than 20 telephone operators have banded together to ask the Mexican government to regulate the interconnection fees charged by billionaire Carlos Slim's Telcel, the companies said.
"In an unprecedented move, our country's telecommunications operators ... have joined together with...
Wall Street Journal | February 17, 2011 | Mercedes Alvaro
Of DOW JONES NEWSWIRES
QUITO (Dow Jones)--Ecuador's largest cellphone company, Porta Celular, the local unit of Mexican communications giant America Movil SAB, (AMX, AMX.MX) plans to invest about $180 million during 2011 in the Andean country,...
Reuters | February 21, 2011 | Cyntia Barrera Diaz
(Reuters) - Billionaire Carlos Slim pulled advertising from Mexico's top broadcaster after ad rates spiked by 20 percent, a Slim spokesman said on Sunday, in a deepening rivalry between two of the country's top tycoons.
But while Slim's...
Wall Street Journal | February 18, 2011 | Jose De Cordoba
MEXICO CITY—Companies controlled by Mexican billionaire Carlos Slim have decided to stop advertising through the country's biggest broadcaster, Grupo Televisa SAB.
The move by Mr. Slim, expected to cost Televisa some 4% of its advertising...
Bloomberg | February 10, 2011 | Betty Liu
Feb. 10 (Bloomberg) -- Mexican billionaire Carlos Slim talks with Bloomberg's Betty Liu about his 2011 investment strategy in Latin America and his holdings in Saks Inc. and the New York Times Co. They spoke yesterday in...
Reuters | February 8, 2011 | Michael O'Boyle
* America Movil posts 4.7 pct drop in profits
* Surprisingly strong growth in new mobile subscribers
* Bigger stake helps lift Slim's wealth to about $75 bln (Updates with earnings results, estimate on growth of Slim's total wealth, rewrites...
Reuters | February 8, 2011 | Michael O'Boyle
* America Movil posts 4.7 pct drop in profits
* Surprisingly strong growth in new mobile subscribers
* Bigger stake helps lift Slim's wealth to about $75 bln (Updates with earnings results, estimate on growth of Slim's total wealth, rewrites...
Reuters | February 4, 2011 | Cyntia Barrera Diaz
Telcel, the commercial brand of tycoon Carlos Slim's cell phone giant America Movil, proposed new, lower fees for its rivals to connect to the company's massive network in Mexico on Friday.
The fees that Telcel charges to...
Reuters | February 4, 2011 | Cyntia Barrera Diaz
Telcel, the commercial brand of tycoon Carlos Slim's cell phone giant America Movil, proposed new, lower fees for its rivals to connect to the company's massive network in Mexico on Friday.
The fees that Telcel charges to...
Reuters | February 3, 2011 | Michael O'Boyle and Tomas Sarmiento
* Net profit of 3.39 bln pesos below estimates
* EBITDA and revenues also miss, taxes higher
* Sheds 291k line, adds 835k broadband, yr/yr (Adds detail on broadband subscribers)
Billionaire Carlos Slim's  Telmex, Mexico's...
Reuters | February 3, 2011 | Michael O'Boyle and Tomas Sarmiento
* Net profit of 3.39 bln pesos below estimates
* EBITDA and revenues also miss, taxes higher
* Sheds 291k line, adds 835k broadband, yr/yr (Adds detail on broadband subscribers)
Billionaire Carlos Slim's  Telmex, Mexico's...
Reuters | January 31, 2011 | Cyntia Barrera Diaz and Veronica Gomez
* Slim, world's richest person, to invest $3.6 bln in Mexico
* Mine unit looking to expand in Mexico and beyond
* Held conference at art-packed Mexico City office (Adds details on Swecomex, Dish)
MEXICO...
CNBC | January 2011 | Michelle Caruso Cabrera
Mexico's Carlos Slim tells CNBC's Michelle Caruso Cabrera about the businesses he owns, what he's going to do with his wealth, and where he may be investing next.
Video via CNBC
CNBC | January 2011 | Michelle Caruso Cabrera
Mexico's Carlos Slim tells CNBC's Michelle Caruso Cabrera about the businesses he owns, what he's going to do with his wealth, and where he may be investing next.
Video via CNBC
* America Movil offers extends to 1.3 bln of Telmex notes
* Investors have until March 3 to swap debt (Recasts, adds amount of debt swap and deadline)
Jan 31 (Reuters) - Mexican billionaire Carlos Slim's flagship telecommunications provider America Movil said on Monday it would...
* America Movil offers extends to 1.3 bln of Telmex notes
* Investors have until March 3 to swap debt (Recasts, adds amount of debt swap and deadline)
Jan 31 (Reuters) - Mexican billionaire Carlos Slim's flagship telecommunications provider America Movil said on Monday it would...