America Movil: not seeking extra board seat in Telekom Austria
MEXICO CITY |
MEXICO CITY Nov 6 (Reuters) - Tycoon Carlos Slim's America Movil, the top cellphone company in Latin America, will not pursue an additional board seat in Telekom Austria , Chief Executive Daniel Hajj said on Tuesday.
Mexico-based America Movil in September bought a 16 percent stake in Telekom Austria, to raise its holding to 22.8 percent as part of a first foray into Europe that also included taking a large stake in Dutch operator KPN.
Oscar von Hauske Solis, the head of America Movil's fixed-line operations, was elected to the supervisory board of Telekom Austria last month.
- Tweet this
- Share this
- Digg this