Articles tagged with: America Movil

America Movil Reducing Stake in Telekom Austria

Mexico based America Movil has announced that it is reducing its stake in Telekom Austria, but will retain control of the company. more

Related Tags: India

America Movil faces challenges as Latin America's telecoms sector evolves

While cutting debt and reducing capital spending will help offset pressure on its credit profile, intense competition and slower industry growth are a threat.  more

Related Tags: huawei, China

America Movil Looking to Sell KPN Stake

Mexico based America Movil is reportedly considering selling its minority stake in Dutch KPN, less than three years after it failed in a bid to takeover the company. more

Related Tags: tata-teleservices, ntt-docomo, India

America Movil Cutting Network Capex by 20 Percent

Latin America's America Movil plans to cut its network investment by at least 20 percent during 2016. more

Related Tags: apple-iphone, fbi, USA

America Movil Posts Net Loss on Weaker Local Currencies

Mexico based America Movil has dropped into a net loss for the third quarter of this year as weak currencies took their toll on the company. more

Related Tags: rcom, moodys, India

Fitch Affirms America Movil at 'A'; Outlook Stable

AMX's ratings reflect its position as the largest wireless service provider in Latin America with well-established multiple service platforms and solid network competitiveness and a high degree of geographical cash flow diversification, more

Related Tags: mimo

America Movil Approves Tower Spin-Off Plan

America Movil has secured approval for a plan to spin off its Mexican towers into a separate company, which will see the creation of the region's second-largest tower operator. more

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Ericsson Supplies LTE Network to Costa Rica

Ericsson says that it had been selected by Claro as the sole supplier of the operator's LTE network in Costa Rica. more

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America Movil Lifts Telekom Austria Stake Above 50 Percent

Mexico's America Movil has raised its stake in Telekom Austria Group to more than 50% after it paid US$1 billion for shares it had tendered for. more

Related Tags: apple-iphone, apple-ios

America Movil to Sell Mexican Assets to Avoid Regulatory Squeeze

America Movil's dominance of the Mexican mobile market seems close to an end after the company announced plans to sell assets to bring its market share down to below 50 percent. more

Related Tags: nokia, telefonica, Spain

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