America Movil SAB de CV

The board of Brazilian rental car company Cia de Locacao das Americas SA has approved a share buyback program, the firm said in a Wednesday evening securities filing.

Mexican telecommunications company America Movil said on Wednesday it was "ready" to launch a 5G market in Mexico and it expects to close a deal to sell its Tracfone unit by year-end.

Mexican telecommunications giant America Movil on Tuesday reported a 16% dip in third-quarter net profit compared to the year earlier period as the peso currency weakened versus the U.S. dollar, falling short of some analyst expectations.

Shareholders approved a plan of America Movil, controlled by the family of billionaire Carlos Slim, to spin off its towers business in Latin America, Mexico's biggest telecoms company said on Wednesday.

Mexican telecoms firm America Movil, controlled by the family of billionaire Carlos Slim, said Wednesday it would combine its Chilean operations with Liberty Latin America in a joint venture, lifting their shares as markets saw hints of 5G progress.

Mexican telecommunications company Altan Redes, which has since 2016 been developing an ambitious telecommunications network built for carriers delivering the latest generation of technology, said on Tuesday that it has filed for bankruptcy.

Mexican telecommunications giant America Movil on Tuesday said its net profit rebounded in the first quarter, driven mainly by lower financing costs, following a loss in the same period a year earlier.

Mexican telecoms giant America Movil, controlled by the family of billionaire Carlos Slim, said on Tuesday it plans to set up a fund for the buyback of its shares worth 25 billion pesos ($1.2 billion).

Brazilian listed medical services firm Diagnósticos da América SA, known as DASA, said on Monday that the board of the company has approved a proposed acquisition of two rival medical companies.

(This March. 3 story refiles to fix name to 'Paxman' in last paragraph)

Carlos Slim is putting the wreckage of his failed 2013 takeover of KPN to good use. The Mexican tycoon’s America Movil on Tuesday raised 2.1 billion euros of bonds that can convert into shares of the Dutch telecommunication operator. If KPN stock treads water, Slim effectively...

Mexican telecoms company America Movil expects to spend $8 billion in capital expenditures in 2021, company executives said on Wednesday.

Mexican telecommunications firm America Movil on Tuesday reported a surprise net profit of $1.87 billion in the fourth quarter, driven up nearly 80% by a favorable exchange rate.

The attorneys general of 16 U.S. states and the District of Columbia on Friday urged the Federal Communications Commission (FCC) to thoroughly investigate Verizon Communications Inc's proposed $6.25 billion acquisition of pre-paid mobile phones provider Tracfone and impose...

America Movil, the Mexican telecoms company controlled by the family of billionaire tycoon Carlos Slim, said on Monday it would present a proposal to shareholders to raise the amount of money in its share buyback fund.

Mexico's telecoms regulator on Tuesday launched a fresh bid to curb the market power of billionaire Carlos Slim's telecoms giant America Movil, unveiling measures that limit fees the company can charge customers.

Mexico's America Movil said on Tuesday that the Telecommunications Institute (IFT), a regulatory body, had adjusted actions aimed at limiting the company's power in the market, suppressing some measures but also adding new ones.

America Movil chief executive officer, Daniel Hajj, said on Wednesday that the telecoms giant will reduce capital expenditure to $6 billion in 2020, down from the $8.5 billion foreseen at the start of the year.

Mexican telecommunications giant America Movil <AMXL.MX> on Tuesday said its net profit jumped nearly 45% in the third quarter, boosted by relaxed coronavirus lockdown measures across its key markets.