America Movil

Carlos Slim’s Mobile Empire, America Movil, Faces Breakup

Mexican lawmakers announced legislation early this week designed to rein in the country’s telecommunications monopolies, which could well lead to a breakup of Slim’s Mexico City-based America Movil, the world’s fourth largest telecommunications network in the world.

America Movil To Acquire Unit Of Mexico's CIE

America Movil (AMXL.MX), the telecom giant controlled by Mexican tycoon Carlos Slim, announced a deal that will boost his access to Mexico's advertising market even as local regulatorsblock Slim from offering pay television services.

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