Key Developments For America Movil, S.A. de C.V.
America Movil, S.A. de C.V. (AMOV.O) (Nasdaq)
America Movil S.A.B de C.V. Partners With My Screen Mobile, Inc. To Launch New, Interactive Mobile Advertising Service Throughout Latin
My Screen Mobile, Inc. and America Movil S.A.B de C.V. announced an agreement to launch MyScreen's first-of-a-kind interactive mobile advertising service across Latin America and the Caribbean beginning in the fourth quarter of 2009. MyScreen's patent-pending technology platform delivers full-screen advertisements to the mobile phones of opt-in subscribers and provides them with rewards such as free services, special offers and discounts. Together, MyScreen and America Movil will deliver ads to the mobile network operator's users who voluntarily subscribe to the service. America Movil has already begun to integrate MyScreen's platform and initiate plans to roll out the service in the region. Ads for large consumer brands are slated to be among the first to be delivered among America Movil's users
America Movil S.A. de C.V. To Propose MXP 0.50 Dividend
America Movil S.A. de C.V. announced that it will propose a cash dividend of MXP 0.50 per share in the amount of MXP 0.50 per share at it’s general shareholders meeting on December 1, 2009. The dividend will be made payable on 10 December 2009, to each of shares series AA, A and L.
Moody’s Affirms Its Corporate Credit Ratings on America Movil S.A.B. de C.V.
America Movil S.A.B. de C.V. announced that Moody’s has affirmed its local and foreign currency corporate credit ratings on the Company, both of A3 on the global scale, with a positive outlook. Additionally, Moody’s has affirmed its local and foreign currency corporate credit ratings on the Company of AAAMX and MX-1 respectively on the Mexican national scale, with a stable outlook.
Standard & Poor’s Affirms Its Corporate Credit Ratings on America Movil S.A.B. de C.V.
America Movil S.A.B. de C.V. announced that Standard & Poor’s has affirmed its corporate credit ratings on the Company of BBB+ on the global scale and MXAAA on the Mexican national scale. The outlook is positive.
America Movil S.A.B de C.V. Launches $750 Million, 10-Year Bond At Tsys +185 BPs-DJ
Dow Jones reported that America Movil S.A.B de C.V. launched a $750 million 10-year bond offer at 185 basis points over Treasurys, according to a person familiar with the deal. The bonds mature October 16, 2019. Proceeds from the deal will be used for general business purposes. Morgan Stanley and Goldman Sachs are the lead bookrunners.
