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America Movil SAB de CV (AMX.N)

AMX.N on New York Stock Exchange

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Volume
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Latest Key Developments (Source: Significant Developments)

Telekom Austria acquires fixed-line operator Atlant Telecom
Wednesday, 30 Nov 2016 02:00am EST 

Telekom Austria Ag : Says acquires fixed-line operator Atlant Telecom in Belarus . Says has agreed to acquire 100% of the shares in the Belarusian operators Atlant Telecom and its subsidiary Teleset . Says sellers are the private equity firm Zubr Capital as well as the European Bank for Reconstruction and Development (EBRD) . Says will finance the transaction via existing cashflow; the closing is expected within the next days Further company coverage: [TELA.VI] ((vienna.newsroom@thomsonreuters.com; +43 1 53112 255;)).  Full Article

Telekom Austria CEO says being listed has drawbacks -Handelsblatt
Tuesday, 16 Aug 2016 01:32am EDT 

Telekom Austria : CEO, asked whether delisting would be interesting option, says being listed costs a lot of money and requires large administrative costs -Handelsblatt interview . CEO says we must compete with unlisted companies, being listed requires publishing a great deal of information, which is not always helpful -Handelsblatt Further company coverage: [TELA.VI] ((vienna.newsroom@thomsonreuters.com; +43 1 531 12 258;)).  Full Article

Citigroup launches bonds exchangeable for Telekom Austria shares
Thursday, 28 Jul 2016 03:27am EDT 

:Citigroup says launching an offering of exchangeable bonds due 2023, exchangeable for ordinary shares of Telekom Austria in an aggregate principal amount of up to approximately eur 400 million.  Full Article

CEO of America Movil's Telekom Austria: 1-2 pct organic growth possible
Monday, 25 Jul 2016 04:20am EDT 

: Telekom Austria CFO says are confident about H2 . Telekom Austria CEO says there is full commitment to grow in Europe, we're not big enough . Telekom Austria CEO says we need to grow organically, 1 or 2 percent organic growth achievable . Telekom Austria CEO says looking at consolidation within our "footprint", cannot share specific targets . Telekom Austria CEO says we're not generating enough liquidity for big acquisitions . Telekom Austria CFO says if there was big acquisition possibility we would discuss capital increase with owners Further company coverage: [TELA.VI] (Reporting By Shadia Nasralla) ((Shadia.Nasralla@thomsonreuters.com;)).  Full Article

Telekom Austria Q2 net profit up 5 pct at 82.4 mln eur
Friday, 22 Jul 2016 12:00pm EDT 

: America Movil's Telekom Austria Q2 net profit 82.4 million euros . America Movil's Telekom Austria H1 EBIT 231.7 million eur . America Movil's Telekom Austria says reported total revenue increase in Austria as better equipment revenues outweighed negative roaming impact . America Movil's Telekom Austria H1 revenues 2,040.1 million eur .America Movil's Telekom Austria H1 EBITDA 663.6 million eur.  Full Article

America Movil to buy two telecommunication companies in Peru
Tuesday, 10 May 2016 08:59am EDT 

America Movil SAB de CV : Said on Monday it has signed agreement to buy, through its unit America Movil Peru SAC, from Metsanco Limited two Peruvian companies Olo del Peru SAC and TVS Wireless SAC .Olo and TVS are operators of telecommunications services in Peru and have radio spectrum in the 2.5 GHz band.  Full Article

America Movil SAB de CV - Telekom Austria AG says mobile service was hit by cyber attack - Reuters
Tuesday, 2 Feb 2016 05:48am EST 

America Movil SAB de CV:Telekom Austria's mobile internet service was hit by a cyber attack that caused temporary access outages for millions of users in its home market from Friday until late Monday, it said on Tuesday. - RTRS.The company also repelled an attack on its Austrian fixed-line internet infrastructure on Tuesday, a spokesman said. No personal data was stolen, the spokesman said. "We managed to identify the data packets and were able to reject them. - RTRS.We are providing a secure internet connection for all our customers again," he said. Telekom Austria, one of the country's biggest telephone and internet services companies, said it did not know the origins or identity of the attackers. - RTRS.Telekom Austria's attackers used an established technique, flooding the network infrastructure with traffic from multiple connected devices and causing the outages. - RTRS.The company, a unit of Carlos Slim's America Movil AMXL.MX, serves more than five million mobile customers and more than two million fixed-line customers in its home market. - RTRS.Cyber attacks have become a challenge for mobile services companies. In October last year, Britain's Talk Talk said it received a ransom demand from an unidentified party claiming responsibility for a cyber attack - RTRS.  Full Article

America Movil SAB de CV updates on Telesites spin-off
Friday, 18 Dec 2015 12:12pm EST 

America Movil SAB de CV:Says Telesites spin-off will be effective as of Dec. 21.Current America Movil shareholders can exchange 20 shares for one share in Telesites (series A, AA or L) or 20 new shares of America Movil (A, AA or L series).  Full Article

America Movil SAB de CV unit Telmex investigated by Federal Telecommunications Institute
Tuesday, 25 Aug 2015 09:30pm EDT 

America Movil SAB de CV:Was notified that its unit Telefonos de Mexico SAB de CV (Telmex) is investigated by Federal Telecommunications Institute on account of possible violations of concession rights and so called "must offer" broadcasting rule.Investigation is related to a commercial agreement between Telmex and Dish Mexico S de RL de CV.  Full Article

Fitch affirms ratings for America Movil SAB de CV
Tuesday, 25 Aug 2015 05:58pm EDT 

America Movil SAB de CV:Fitch Ratings has affirmed America Movil's (AMX) local and foreign currency Issuer Default Ratings (IDRs) and senior unsecured notes at A.Fitch has also affirmed AMX national scale ratings and senior unsecured Certificados Bursatiles and notes at AAA(mex).Rating outlook is stable.  Full Article

More From Around the Web

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Antitrust move may let America Movil cut labor costs: union

MEXICO CITY Antitrust measures announced last week that would split up Carlos Slim's America Movil and open its fixed line network to competition may help Mexico's dominant telecommunications provider reduce labor costs, according to a labor union spokesman.