America Movil

Latest Headlines

Latest Headlines

Wireless in the first quarter of 2014

How did the wireless industry perform in the first quarter of 2014? Check here throughout the first-quarter earnings report season for full earnings reports from the wireless industry's carriers,...

Telekom Austria CFO quits as Slim deal looms

The chief financial officer of Telekom Austria is to leave the operator at the end of May, in what is seen as a move to open the way for Carlos Slim to select a successor who would be more amenable to his plans.

ÖIAG paves way for América Móvil to gain influence over Telekom Austria

Austrian state holding company ÖIAG has been given the go ahead to negotiate a shareholder agreement with América Móvil for Telekom Austria in a move that could see the Carlos Slim-owned company gain more influence over the European operator.

América Móvil declines Facebook's call to join Internet.org

Don't expect América Móvil to join Facebook's highly touted Internet.org initiative. Despite Facebook CEO Mark Zuckerberg's pleas for global telecom operators to join the group during his keynote address this week at the Mobile World Congress trade show, it doesn't appear that all operators are ready to jump onboard.

Telekom Austria works council calls for clarity over Slim

Ongoing reports and speculation that Mexican billionaire Carlos Slim could next target Telekom Austria in his bid to break into Europe, are causing some anxiety among the operator's workforce, which is now calling for clarity over the issue from its major shareholder, state holding company ÖIAG.

KPN says on better terms with América Móvil

KPN signalled a thawing of its relationship with minority shareholder América Móvil, as the Mexican group also indicated it is still interested in the Dutch operator despite lowering its stake this week from 29.8 per cent to 27.1 per cent.

TracFone surges ahead with 616,000 net adds in Q4, but falls short of year-ago growth

América Móvil's U.S. MVNO, TracFone Wireless, returned to a brisk pace of subscriber growth in the fourth quarter of 2013 after growth stalled in the third quarter. However, the company was unable to meet the subscriber growth it showed in the fourth quarter of 2012.

América Móvil says it's not in Europe to make a fast buck: report

Carlos Slim's América Móvil has big plans for its stake in Telekom Austria and has not invested in the Austrian operator simply to make a fast buck, the company CEO told an Austrian newspaper.

As AT&T retreats from Europe for now, Carlos Slim said to plot Austria move: report

AT&T may have put its plans to invest in a major European operator on hold for the time being, but another industry heavyweight from across the pond is reportedly stepping up efforts to buy a majority stake in a company that itself has demonstrated an aggressive expansion strategy over the years.

Wireless in the fourth quarter of 2013

How did the wireless industry perform in the fourth quarter of 2013? Check here throughout the fourth-quarter earnings report season for full earnings reports from the wireless industry's...