Carlos Slim

Wall Street Journal | March 9, 2011 | Anthony Harrup MEXICO CITY—Mexico’s largest phone company Telefonos de Mexico SAB said it plans to split into two companies, one of which will serve rural and marginalized areas where competitors haven’t invested. The …

Wall Street Journal | March 4, 2011 | JOSÉ DE CORDOBA MEXICO CITY—Three of Mexico’s most prominent billionaires—who were once a cozy group of amigos protecting each other’s backs—are now battling over how to divvy up the country’s $35-billion-a-year telecommunication and …

Fox News | March 3, 2011 More than 20 telephone operators have banded together to ask the Mexican government to regulate the interconnection fees charged by billionaire Carlos Slim’s Telcel, the companies said. “In an unprecedented move, our country’s telecommunications …

Wall Street Journal | February 17, 2011 | Mercedes Alvaro Of DOW JONES NEWSWIRES QUITO (Dow Jones)–Ecuador’s largest cellphone company, Porta Celular, the local unit of Mexican communications giant America Movil SAB, (AMX, AMX.MX) plans to invest about $180 million …

Reuters | February 21, 2011 | Cyntia Barrera Diaz (Reuters) – Billionaire Carlos Slim pulled advertising from Mexico‘s top broadcaster after ad rates spiked by 20 percent, a Slim spokesman said on Sunday, in a deepening rivalry between two of the …

Wall Street Journal | February 18, 2011 | Jose De Cordoba MEXICO CITY—Companies controlled by Mexican billionaire Carlos Slim have decided to stop advertising through the country’s biggest broadcaster, Grupo Televisa SAB. The move by Mr. Slim, expected to cost …

Reuters | February 8, 2011 | Michael O’Boyle * America Movil posts 4.7 pct drop in profits * Surprisingly strong growth in new mobile subscribers * Bigger stake helps lift Slim’s wealth to about $75 bln (Updates with earnings results, estimate …

Reuters | February 4, 2011 | Cyntia Barrera Diaz Telcel, the commercial brand of tycoon Carlos Slim’s cell phone giant America Movil, proposed new, lower fees for its rivals to connect to the company’s massive network in Mexico on Friday. …

Reuters | February 3, 2011 | Michael O’Boyle and Tomas Sarmiento * Net profit of 3.39 bln pesos below estimates * EBITDA and revenues also miss, taxes higher * Sheds 291k line, adds 835k broadband, yr/yr (Adds detail on broadband …

Reuters | January 31, 2011 | Cyntia Barrera Diaz and Veronica Gomez * Slim, world’s richest person, to invest $3.6 bln in Mexico * Mine unit looking to expand in Mexico and beyond * Held conference at art-packed Mexico City …

* America Movil offers extends to 1.3 bln of Telmex notes * Investors have until March 3 to swap debt (Recasts, adds amount of debt swap and deadline) Jan 31 (Reuters) – Mexican billionaire Carlos Slim’s flagship telecommunications provider America …

Synchronica | January 25, 2011 | Press Release Highlights: Claro Panamá becomes the sixth América Móvil subsidiary to launch Claro Messenger IM solution Synchronica has a group-wide framework agreement to deploy the service across all 17 América Móvil subsidiaries, targeting …

Bloomberg | January 10, 2011 | Crayton Harrison America Movil SAB, Latin America’s largest wireless carrier, won approval to delist shares of its Telmex Internacional SAB fixed-line unit as it seeks to merge mobile phones and land lines onto a …