Articles tagged with: America Movil

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

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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

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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

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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

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America Movil selects Alcatel-Lucent's LTE overlay for its 4G rollout

America Movil has selected Alcatel-Lucent to rollout a LTE based 4G network in the Dominican Republic. more

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AT&T Sells Remaining Stake in America Movil for $5.6 Billion

USA based AT&T is selling the remainder of its stake in Latin America's America Movil for US$5.6 billion, ending a 20-year partnership between the two companies. more

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America Movil Offers $1.9 Billion to Buy Out Telekom Austria Shareholders

Mexico's America Movil has formally launched the expected bid to buy up the rest of the shares in Telekom Austria that are available on the stock market. more

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America Movil Profits Slump on Higher Debt Costs

Latin American telco, America Movil posted a sharp fall in its first quarter profits as increases in revenue and underlying profits were hurt by the Group's higher debt costs. more

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