Thursday, 08 December 2016

America Movil to slim down

By Nick Wood, Total Telecom
Wednesday 09 July 14

Mexican telco giant to shed assets, share base stations and passive infrastructure in bid to reduce market share to below 50%.

Carlos Slim's America Movil has unveiled plans to offload unspecified assets in order to reduce its market share to below 50%, thereby avoiding regulations being brought in to curb its power. In a statement published late Tuesday, the Mexico-based telco giant said its board has voted in favour of selling parts of its business to carrier independent of America Movil…

Carlos Slim's America Movil has unveiled plans to offload unspecified assets in order to reduce its market share to below 50%, thereby avoiding regulations being brought in to curb its power. In a statement published late Tuesday, the Mexico-based telco giant said its board has voted in favour of selling parts of its business to carrier independent of America Movil…

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