America Movil SAB de CV

Mexico's America Movil expects to spend $8.5 billion on capital expenditures in 2020, on par with last year, as the company rolls out 5G technology in Latin America, an executive said on Wednesday during a call with analysts.

America Movil, the Mexican telecommunications giant, on Tuesday reported a fourth-quarter net profit of 21.19 billion pesos ($1.12 billion), up 63% from the same period last year, helped by reduced costs and currency appreciation.

America Movil, the Mexican telecommunications giant, on Tuesday reported a fourth-quarter net profit of 21.19 billion pesos ($1.12 billion), up 63% from the same period last year.

America Movil, the telecoms giant controlled by the family of Mexican billionaire Carlos Slim, said on Monday that one of its subsidiaries had been fined 1.3 billion pesos ($69.53 million) by Mexico's telecoms regulator.

America Movil, the telecoms giant controlled by the family of Mexican bilionaire Carlos Slim, said in a regulatory filing on Monday that it had been fined 1.3 billion pesos ($69.53 million)by Mexico's telecom regulator.

The following bids, mergers, acquisitions and disposals were reported by 1100 GMT on Thursday:

Mexico's America Movil <AMXL.MX> said on Wednesday it has completed its $905 million acquisition of rival Nextel in Brazil from mobile service company Nii Holdings Inc <NIHD.O>.

Brazil's antitrust regulator CADE on Wednesday approved the proposed purchase of Nextel by Mexican telecom America Movil, which operates in the country under the brand name Claro, saying it did not have concerns about diminished competition.

* Deal seen as Telefonica lifeline in battle with America Movil

Spanish telecoms giant Telefonica has struck a deal to use some of U.S. rival AT&T's infrastructure in Mexico, a move analysts said would better position both to compete with the market's juggernaut, billionaire Carlos Slim's America Movil.

The Brazilian subsidiary of Mexico's America Movil SAB de CV will invest $7.8 billion over the next three years, Carlos Slim Domit, son of billionaire Mexican businessman Carlos Slim, said in a meeting on Wednesday with Brazilian President Jair Bolsonaro, according to the...

The Brazilian subsidiary of Mexico's America Movil SAB de CV will invest $7.8 billion over the next three years, Carlos Slim Domit, son of billionaire Mexican businessman Carlos Slim, said in a meeting on Wednesday with Brazilian President Jair Bolsonaro, according to the...

America Movil <AMXL.MX>, Mexico's largest telecommunications company, said on Wednesday it was open to discussing a deal with Oi SA <OIBR4.SA>, amid speculation that the Brazilian telecom carrier is in talks to sell its assets.

America Movil <AMXL.MX>, the largest Mexican telecommunications provider, on Tuesday reported third-quarter net profit of 13.03 billion pesos ($660.6 million), down 31% from 18.88 billion pesos in the year-ago period due to foreign exchange losses.

America Movil, the Mexican telecommunications giant, on Tuesday reported a third-quarter net profit of 13.03 billion pesos ($660.6 million), down 31% from 18.88 billion pesos in the same period last year.

Mexican telecommunications firm America Movil is not negotiating with Spain's Telefonica SA and Telecom Italia SpA about making a joint bid for assets of Brazilian telecoms firm Oi SA, a company spokesman said on Monday.

America Movil, the telecoms giant controlled by the family of billionaire Carlos Slim, is growing increasingly bullish that it will receive a license to offer television in Mexico, a prize that has eluded it for nearly three decades.

America Movil, the telecoms giant controlled by the family of billionaire Carlos Slim, is growing increasingly bullish that it will receive a license to offer television in Mexico, a prize that has eluded it for nearly three decades.

Mexican telecommunications company America Movil <AMXL.MX> on Tuesday reported a surge in its second-quarter net profit on the back of foreign exchange gains, driven in part by an appreciation in the Mexican peso.