December 6, 2016 / 4:06 AM / in 2 years

Mexico's America Movil to provide national roaming service to Telefonica Mexico

The America Movil logo is seen on the wall of the reception area in the company's corporate offices in Mexico City August 12, 2015. REUTERS/Henry Romero

MEXICO CITY (Reuters) - Mexican telecoms giant America Movil (AMXL.MX), controlled by tycoon Carlos Slim, said on Monday its Mexican unit had reached an agreement to provide a national roaming service to its main competitor in the local market, Telefonica Mexico.

America Movil serves two-thirds of the Latin American country’s mobile phone market, followed by Spain’s Telefonica, which operates in Mexico under the Movistar brand.

Reporting by Natalie Schachar and Noe Torres; Editing by Subhranshu Sahu

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