America Movil SAB de CV (AMXL.MX)
|Market Cap (Mil.):||$1,204,349.00|
|Shares Outstanding (Mil.):||68,877.85|
MEXICO CITY/PARIS - Mexico has received its first bid from a consortium to build a $10 billion state-owned mobile network, a linchpin of efforts to break the hold of Carlos Slim's America Movil on telecom services.
(The following statement was released by the rating agency) CHICAGO, September 17 (Fitch) An acquisition by AT&T Inc. of America Movil S.A.B. de C.V.'s (AMX) assets, valued at roughly $17.5 billion, would only have a modest credit impact for AT&T, according to Fitch Ratings. Media rumors have indicated the value of the assets under discussion using a valuation of five to seven times EBITDA. However, no concrete details have emerged regarding key components. AT&T reportedly has been approach
NEW YORK - AT&T Inc is "intrigued" by Latin America and especially Mexico and would not rule out an opportunistic deal there even as it seeks to complete its $48.5 billion planned takeover of DirecTV, an AT&T executive said at a conference on Tuesday.
SAO PAULO - Nextel operator NII Holdings Inc is hanging on to its Brazilian unit even though the welterweight mobile carrier has filed for bankruptcy protection in the United States and sold off other Latin American operations.
(Adds SABMiller, Orange, BNP Paribas, AbbVie, America Movil, Microsoft, Club Mediterranee, JSW Steel, Alere, GFI Group, AngloGold Ashanti, Qatar National Bank and Telekom)
- Carlos Slim's America Movil has contacted AT&T Inc and SoftBank Corp as the telecommunications company tries to sell a chunk of assets that could be worth up to $17.5 billion, Bloomberg reported on Monday, citing people with knowledge of the matter.
Sept 15 - Carlos Slim's America Movil has contacted AT&T Inc and SoftBank Corp as the telecommunications company tries to sell a chunk of assets that could be worth up to $17.5 billion, Bloomberg reported on Monday, citing people with knowledge of the matter.
Sept 15 - Mexican telecom company America Movil has reached out to AT&T Inc and Japan's SoftBank Corp as it looks to sell assets along the east coast of Mexico that could fetch as much as $17.5 billion, Bloomberg reported, citing people with knowledge of the matter.
MEXICO CITY - Shares in Mexico's leading broadcaster, Grupo Televisa, fell on Thursday, a day after it said it would sell its stake in Iusacell, the country's No. 3 wireless operator, at a loss.
* Telecom Italia says America Movil may join Brazil unit bid
|Grupo Iusacell SAB de CV (CEL.MX)||--||--|
|Telefonica Moviles SA (TEL2.LM)||S/. 0.87||0.00|
|Portugal Telecom SGPS SA (PTC.LS)||€1.77||-0.02|
|Oi Electric Co., Ltd. (6822.T)||¥225||+3.00|
|Oi SA (OIBR4.SA)||R$ 1.66||-0.01|
|Oi SA (OIBR3.SA)||R$ 1.74||+0.02|
|Motorola Solutions Inc (MSI.N)||$61.58||-0.46|
|Telecom Italia SpA (TLIT.MI)||€0.89||-0.01|
|Telecom Italia SpA (TLITn.MI)||€0.70||-0.02|
|Millicom International Cellular SA (USA) (MIICF.PK)||$87.72||-1.18|
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