Tuesday, 06 December 2016

Slim expects foreign buyer to snap up America Movil assets

By Nick Wood, Total Telecom
Monday 14 July 14

Billionaire hoping for speedy sale as telco aims to dodge new regulations; hints at European expansion plan.

America Movil owner Carlos Slim said it is likely a foreign company will acquire assets being put on the block by the Mexico-based telco giant. In a report by Reuters late last week, the billionaire businessman said companies with the financial clout to mount a challenge to America Movil in its home market are more likely to be found outside Mexico…

America Movil owner Carlos Slim said it is likely a foreign company will acquire assets being put on the block by the Mexico-based telco giant. In a report by Reuters late last week, the billionaire businessman said companies with the financial clout to mount a challenge to America Movil in its home market are more likely to be found outside Mexico…

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