America Movil Extends European Push

Mexican billionaire Carlos Slim bought a 21% stake in Telekom Austria, hard on the heels of his bid for a major stake in Dutch phone company Royal KPN.

Topics:  carlos slim   telekom austria   dutch   royal kpn   stake   
  • America Movil deal sends Telekom Austria stocks soaring
    Vienna (dpa) - Shares of telecommunications provider Telekom Austria jumped 7.6 per cent Thursday, after Latin American market leader America Movil signed a deal to increase its clout in the Austrian company and in European markets. Mexico-based America ...
    04/23/2014 - 1:00 pm | View Link
  • Telefonica Says America Movil Disobeying Watchdog Orders
    Telefonica SA (TEF) called on Mexican regulators to crack down on America Movil (AMXL) SAB, saying the company isn’t obeying regulations on sharing its network or selling unlocked mobile phones. America Movil’s landline units refused to provide ...
    04/21/2014 - 6:12 pm | View Link
  • KPN says on better terms with América Móvil
    KPN signalled a thawing of its relationship with minority shareholder América Móvil, as the Mexican group also indicated ... Meanwhile Blok also told the FT he is confident that the European Commission will approve KPN's plan to sell E-Plus to ...
    02/13/2014 - 5:54 pm | View Link
  • KPN Foundation Concerned America Movil Intentions Unclear
    Royal KPN NV (KPN)’s independent foundation, which has the power to defend the Dutch carrier from a takeover, said it’s concerned that Carlos Slim’s America Movil SAB (AMXL) isn’t being clear about its $9.6 billion offer. “There is considerable ...
    08/13/2013 - 7:35 pm | View Link
  • América Móvil free to raise stake in KPN
    América Móvil terminated its agreement to limit its stake in KPN, opening the door to the possibility that the firm will raise its stake beyond the 28 per cent it currently owns or even bid for the entire company. The move puts KPN's plans to sell its ...
    07/30/2013 - 6:18 am | View Link
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