AMX hires Bank of America for divestitures
America Movil (AMX) is reported to have mandated Bank of America to enact its plan to dispose of certain telecoms ...
Tag: Telcel
AMX shares jump after asset sale decision
Investors flocked back to America Movil (AMX) yesterday following its decision to offload subscribers and infrastructure to meet the requirements ...
AMX to sell assets to comply with reforms
Carlos Slim’s America Movil (AMX) will offload some assets from fixed-line operator Telmex and mobile player Telcel to lower its ...
AMX mulls structural options after regulatory reforms
America Movil (AMX) has created a strategic committee to assess its options following Mexico’s telecoms reforms. The country’s new telecoms ...
Iusacell: Salinas won’t sell 50% stake
Billionaire investor Ricardo Salinas is not willing to exit Mexican operator Iusacell, which Telefonica is rumoured to be examining as ...
Mexico opens second telecoms antitrust probe
Mexican regulator the Instituto Federal de Telecomunicaciones (IFT) has opened a wide-ranging investigation into market concentration across the country’s telecoms ...
Mexican regulator investigates AMX, Televisa market positions
Mexico’s dominant telco America Movil (AMX) and largest pay-TV provider Televisa have both said they have received writs from regulator ...
Iusacell could issue debt
Mexican operator Iusacell has said it will require US$800m in capital to expand over the next three years. In a ...
America Movil escapes US$927.5m fine
Mexico-based mobile giant America Movil has won an appeal overturning an almost Ps12bn (US$927.5m) fine imposed upon subsidiary Radiomovil Dipsa ...
Regulator prohibits Iusacell-Televisa deal
The Mexican competition authority has blocked the US$1.6bn acquisition of a 50% stake in mobile operator Iusacell by media/telecoms group ...
