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 Beats Profit Estimates on Brazil Results
    America Movil SAB (AMXL)’s third-quarter adjusted earnings beat estimates as growth in Brazil helped it overcome the harshest antitrust penalties it has ever faced in Mexico. The mobile-phone carrier controlled by billionaire Carlos Slim said profit rose ...
    10/24/2014 - 5:18 pm | View Link
  • América Móvil increases its stake in Telekom Austria to almost 60%
    América Móvil now owns close to 60 per cent of Telekom Austria after the Mexican company gained an additional 8.68 per cent share through an extended offer to smaller shareholders. That offer closed last week and brought the Mexican company's stake in ...
    10/21/2014 - 9:00 pm | View Link
  • America Movil takes majority stake in Telekom Austria
    Latin American telco America Movil has upped its stake in Telekom Austria to a majority 50.8% after agreeing to buy some €743.4 million-worth of shares in the European operator. Announcing the deal this morning, Telekom Austria said that America Movil ...
    07/15/2014 - 2:30 am | View Link
  • America Movil to own just over half of Telekom Austria
    MEXICO CITY (Reuters) - Carlos Slim's America Movil said on Monday it will take control of just over half of Telekom Austria in a $1 billion buyout offer, giving the Mexican billionaire a base to build up his presence in European telecoms. America Movil ...
    07/14/2014 - 12:18 pm | View Link
  • Regulators approve America Movil move into CEE markets
    Vienna (dpa) - Mexican telecommunications giant America Movil has won approval from market regulators to enter into a deal to gain greater control over Central and Eastern European provider Telekom Austria, the Vienna-based company said Monday. The ...
    06/29/2014 - 1:00 pm | View Link
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