America Movil SAB de CV

El Salvador's antitrust authority said on Tuesday it will allow an expanded market share for telecommunications firm Claro, a unit of Mexico's America Movil <AMXL.MX>, on guarantees that it will abide by competition and consumer protection safeguards.

Telecoms Tim Participacoes <TIMP3.SA>, Telefonica Brasil <VIVT4.SA> and America Movil's Claro <AMXL.MX> on Monday night raised their bid to buy Oi SA's <OIBR4.SA> mobile assets out of bankruptcy for 16.5 billion reais ($3.21 billion).

Mexican telecoms giant America Movil regards Huawei Technologies Co Ltd as an excellent telecoms equipment provider, but it can use other vendors if necessary, the chief of the company controlled by tycoon Carlos Slim said on Wednesday.

Shares in America Movil, the Mexican telecommunications company controlled by tycoon Carlos Slim, rose by more than 4% after the market opened on Wednesday, the first day of trading since it published a 40% jump in profits.

Mexican telecommunications giant America Movil posted a 40% jump in net profit on Tuesday because of lower costs, although it said the coronavirus pandemic took a toll on some aspects of its business.

America Movil's net profit rose to 20.1 billion pesos ($873.8 million) in the second quarter from 14.9 billion pesos in the same period last year, the Mexican telecoms company reported on Tuesday.

America Movil, the Mexican telecommunications giant, reported a first-quarter net loss of 29.38 billion pesos ($1.24 billion) on Tuesday, battered by the weakening of the Mexican peso and other Latin American currencies against the dollar.

America Movil, the Mexican telecommunications giant, on Tuesday reported a first-quarter net loss of 29.38 billion pesos ($1.24 billion).

Mexican telecommunications provider America Movil said on Tuesday its board has proposed a buyback program of 6 billion pesos ($242.13 million) for the April 2020 to April 2021 period. ($1 = 24.7800 Mexican pesos) (Reporting by Daina Beth Solomon; Editing by Stefanie Eschenbacher...

America Movil, Mexico's largest telecommunications provider, shed light on its plans to roll out 5G technology in Latin America on Wednesday as the company's shares surged on a strong earnings report.

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