Tuesday, 06 December 2016

America Movil hits out at competition as earnings slide

By Mary Lennighan, Total Telecom
Wednesday 10 February 16

Mexican mobile operator claims that via asymmetric regulation it is 'subsidising' rivals with a bigger global presence.

America Movil on Tuesday reported declining earnings in the fourth quarter of last year and in 2015 as a whole, and once again expressed its irritation with the competitive landscape in its home market, where it is subject to harsher regulation than its rivals. The Mexico-based operator posted earnings before interest…

America Movil on Tuesday reported declining earnings in the fourth quarter of last year and in 2015 as a whole, and once again expressed its irritation with the competitive landscape in its home market, where it is subject to harsher regulation than its rivals. The Mexico-based operator posted earnings before interest…

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