Carlos Slim’s America Movil Aims To Trim Mexico Market ShareMani
Mexican billionaire and the world’s second richest man Carlos Slim’s telecommunications company America Movil SAB de CV (ADR) (NYSE:AMX) (NASDAQ:AMOV), announced Tuesday it has decided to sell assets in Mexico to lower its market share.
The announcement comes amid Mexico’s Congress passing new laws to bolster competition and impose strict regulations in the telecom-sector.
America Movil's move to appease regulators
Latin America’s biggest mobile . . .
This content is exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here
If you are subscribed and having an account error please clear cache and then cookies if that does not work email firstname.lastname@example.org and we will get back to you as quick as humanly possible